America Drops to 18th on World Economic Freedom Report
Brian Brenberg comments on BlazeTV
On October 9th, Assistant Professor of Economics Brian Brenberg visited Wilkow! to discuss the alarming drop in economic freedom in America measured by the Fraser Institute in its annual Economic Freedom of the World Report.
In the most recent Fraser Institute report, the United States ranked #18 in economic freedom—a ten place drop from one year ago. Wilkow cited the take-over of the auto industry and other regulations as contributing factors to the lower ranking. He and Professor Brenberg then discussed America’s increasing affinity for central control, and argued for the benefits of economic freedom.
“Economic freedom gives people the space to be creative,” Professor Brenberg said. “None of us know what we can do ahead of time. We aren’t born ahead of time with tags on our ears telling us what we are going to be. So we need that space to discover who we can be. And sometimes that means failure, and that’s ok because you learn just as much as you learn in success.”
Professor Brenberg also touted the King’s model of education as a great way to prepare students for a tough economy. Referring to King’s students and workforce experience, he said, “At The King’s College, they’re fending for themselves… they are out in the world like working professionals, so they get the lesson a little bit more quickly.”
The King’s College educates students in the ideas upon which nations rise and fall. With a focused curriculum in the liberal arts tradition, students are prepared to help shape, and eventually to lead, the institutions of government, civil society, media, law, business, education, the arts, and the church. King’s is a Christian college located in New York City.
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