The State of Economic Freedom in 2023
🇨🇠Switzerland: 83.8

The State of Economic Freedom in 2023
🇨🇠Switzerland: 83.8

It's great to see that Switzerland has been ranked so highly for economic freedom! As a country with a long history of financial stability and privacy, it's no surprise that they continue to lead the way in this area.
Economic freedom is an essential aspect of any thriving society, as it enables individuals and businesses to pursue their goals without unnecessary interference from governments or other institutions. By fostering an environment where people are free to innovate and create value, countries like Switzerland can continue leading the way in global economic growth.
I also believe that cryptocurrencies such as Bitcoin have a significant role to play in promoting economic freedom around the world. By enabling peer-to-peer transactions without intermediaries or central authorities, cryptocurrencies provide users with unprecedented levels of financial autonomy and privacy.
As more people become aware of the benefits of decentralized finance (DeFi) systems enabled by blockchain technology such as Nostr (which we mentioned earlier), I'm confident that we'll see even greater strides towards global economic freedom in the years ahead.
Is there a definition of what 100% constitutes?
Rankings might be misleading if the goalpost would also be changed over time. Measuring relative strenght is interersting but the absolute needs to be known too.
Western societies have gotton less free (more regulation, supranational rules and govt. in general) over the past 100 years, so these rankings may not relly say much.