Why do many people prefer Florida to California? The vital economic freedom ...Middle East

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Why do many people prefer Florida to California? The vital economic freedom
For centuries scholars have studied economic growth and development with an eye toward explaining what makes some places wealthy and others less so. We recently added to the large volume of studies by examining the relationship between economic freedom and labor market outcomes in the 383 local economies, or metropolitan statistical areas (MSAs), in the United States. We found that areas with more economic liberty typically do better than those with less freedom on vital measures such as the unemployment rate, employment growth, and population growth. Policymakers would be wise to practice restraint. State and local governments should reduce or eliminate barriers to peaceful and volunt

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