The economic freedom of a U.S. state, such as California, declines when its population exceeds 9.5 million people, often resulting in higher government spending, higher taxes, and less flexible labor markets, a new study reveals. NTD asked the study’s author Russell Sobel, senior fellow at the Fraser Institute, if it’s just because a larger number of people is harder to handle for a government.
‘Optimal’ State Size for Economic Freedom: Study
NTD Business Jul 20, 2021
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