Hong Kong axed from economic freedom index after years at top spot, now ranked 107th as part of China

Read the Story

Show Top Comments

All lovers of freedom mourn for Hong Kong.


The economic freedom index was created as a public relations counterpoint to the human development index. It makes no measurements of life on the ground, it’s just a list of pro-corporate policies that Milton Friedman likes and how many that country implements. A more accurate name would be the ‘right wing economic conformity score’.


Economic freedom has been a really bad predictor of freedom in general considering who usually gets top spots.


Why in the dystopian fuck does anyone give a shit about an index made by the Wall Street journal and the heritage foundation?


China’s action in Hong Kong is definitely not justified but this is extremely dumb Economic freedom is completely meaningless, especially when countries like China engage in more intense capitalist production than market economies of the same scale