What does Economic Freedom mean?

To paraphrase Milton Friedman, economic freedom is the freedom to produce and trade goods and services according to one’s own judgment, unrestrained by the physical coercion or compulsion of others, including the government.​​​​​​​

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Milton Friedman

Economist, statistician, and 1976 Nobel Laureate

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Political Freedom

Friedman also defined political freedom as a free exchange of ideas. No man has the moral right to stake a claim on the productive activity of another against their will. – Eric Daniels, Assistant Director at the Clemson Institute for the Study of Capitalism at Clemson University in Clemson, South Carolina for the Pacific Research Institute

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