Economic Freedom of the World 2005

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The 2005 version of the often-cited CATO report was released this morning. Their main conclusion:

Economic freedom is almost 50 times more effective than democracy in restraining nations from going to war… The impact of economic freedom on whether states fight or have a military dispute is highly significant while democracy is not a statistically significant predictor of conflict.

Main caveat: the report relies on 2003 data. Still, I was pleasantly surprised to see Estonia in the top 10. (via ClubForGrowth)

Update: Also available via the Fraser Institute. (via GI)

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