Views Expressed

The views expressed in this blog are mine,it does not reflect the view of the institution where I work.

Tuesday, April 14, 2009

What is Optimum Economic Freedom?

Optimum economic freedom is my concept of an economy, which follows free market system with minimum government intervention, as much as possible. If we draw a line from the perfect centrally planned economy to perfect free market economy it is close the point of perfect free market.

What does optimum stands for? It stands for the economic freedom that maintains highest per capita income of an economy through out the time line. It is a point below and above which per capita income is less.

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