Which State is the “Most Free” Economically and which State is the Least Free?

The Live Free or Die state is living up to its motto.

New Hampshire leads the United States in economic freedom for the second consecutive year, according to a report from Fraser Institute, a free-market oriented think tank in Canada.

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The economic freedom index uses data from 2014 — the most recent available — to measure government spending, taxation and restrictions in the labor market in each state. New Hampshire got an 8.3 out of 10 this year. It was followed on the list by Florida, Texas, South Dakota, and Tennessee.

The five least-free states were New York, California, Alaska, New Mexico, and Hawaii.

Dean Stansel, an economics professor at Southern Methodist University and co-author of the report, noted that states that rank higher on the study have generally seen an influx of new residents in recent years, especially compared to those that rank at the bottom of the list:

Americans have been voting with their feet against the ‘big government’ approach of New York and California. Florida and Texas have experienced more than two-and-a-half times faster population growth in recent years, and they’re among the freest states in the country.

 

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