Saturday, August 22, 2009

The Masters Suggest Sweden?

"...70%socialism to 30%capitalism is the best proportion."

The Heritage Foudation gives Sweden a score of 70.5 (out of 100) on their 2009 Index of economic freedom.

http://www.heritage.org/index/ranking.aspx

Uh- wait a sec- no, let's see- that would mean Sweden would have 70% economic freedom- not 70% socialism.

Hmmm...

Well then, who does fit the advice of the Masters?

Here's a list of countries with an economic freedom score within 10 points of 30:

1. 39.9 Venezuela
2. 38.5 Eritrea
3. 37.7 Burma
4. 27.9 Cuba
5. 22.7 Zimbabwe

So, it looks like the winner is ...CUBA!!!

But it's just a tad too socialist- about 2.1% too much.

Nevertheless, according to the Heritage Foundation, Cuba is closer than any other country to the kind of mixed-economy that the Masters advise.

I guess Sweden just has it all backwards...

P.S. The Index is based in large part on data from the World Bank and the World Trade Organization

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