The economic mentality of nations

Abstract: In this article, we present a measure of economic mentality that captures the extent to which people in different countries support or reject the principles of a market economy. Our study uses survey data for views about competitive market economies (that rely on private ownership, with...

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Autores principales: Czeglédi, Pál, Lips, Brad, Newland, Carlos
Formato: Artículo
Lenguaje:Inglés
Publicado: CATO Institute 2022
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Acceso en línea:https://repositorio.uca.edu.ar/handle/123456789/15329
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Sumario:Abstract: In this article, we present a measure of economic mentality that captures the extent to which people in different countries support or reject the principles of a market economy. Our study uses survey data for views about competitive market economies (that rely on private ownership, without significant government interventions to regulate economic activity and redistribute income). The GIEM provides a ranking of countries according to their pro-freeenterprise mindset.