Yesterday, The Heritage Foundation and the Wall Street Journal released the 2011 Index of Economic Freedom. The Index examines the economies of 183 countries, then scores and ranks them based on 10 factors, including things like government spending, labor policies and corruption.

According to the index, while the overall average of the world’s economies became more free, the United States once again saw our economic freedom decline in both real terms and in our standing with the rest of the world. Heritage’s Terry Miller writes in the Wall Street Journal, “For the U.S. and U.K., the Index of Economic Freedom confirms what those countries’ voters already knew, that there is an urgent need for real change. The U.S. dropped to 9th place in the 2011 Index, with its lowest economic freedom score in a decade . . .”

Hat tip:MONewsHorizon

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