Wednesday, May 16, 2018

Why Government Corruption Is the True Enemy of Economic Freedom

Government corruption is a main adversary to freedom, including economic freedom.

Extracting arbitrary taxes, demanding bribes, or requiring payment for protection from physical harm are among the corrupt abuses by those in power that are infringements on economic freedom.

If government officials do not have to be open about their actions, they can enrich themselves while ignoring or squelching the economic freedom of others.

No surprise there, because they also score high on The Heritage Foundation's Index of Economic Freedom.

Syria, South Sudan, and Somalia rank worst in corruption and could not even be ranked in terms of economic freedom because of ongoing violence and unrest.

Freedom from corruption is something that cannot be taken for granted if freedom is to endure.

As President Ronald Reagan often said, "Freedom is never more than one generation away from extinction." Promoting economic freedom to prevent corruption is one of the best ways to ensure that the benefits of freedom endure for generations ahead..

https://www.dailysignal.com/2018/05/15/why-government-corruption-is-the-true-enemy-of-economic-freedom/

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