Kittenomics #17
Every year the Heritage Foundation evaluates all the world’s countries using their Index of Economic Freedom. The countries are evaluated on the safety of private property rights, the level of corruption, the tax burden and level of government spending, how easy it is to open a business or get hired, the level of price stability versus inflation or price controls, the level of free trade, the level of privatization in the financial sector, and the level of freedom on the flow of investment capital. Scoring well in each of these categories gives the country a freer score.
Economic freedom correlates to nearly every positive measure of a country, such as economic growth rates or the elimination of poverty. Furthermore, countries with more economic freedom have consistently out performed countries with less economic freedom.
This kitten understands that economic freedom is essential for businesses to prosper and that prospering business are essential for a well performing portfolio. That’s why, this kitten invests in stocks from Hong Kong, Singapore, Australia, New Zealand, and Switzerland, the top five countries for 2013.
Read all the Kittenomics here!
To read more about this topic check out How is Freedom Investing working out?
Photo of Daisy taken by Paul Reynolds and used here under Flickr Creative Commons.
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