Who's ahead of us? Denmark, for one. Chile outranks us, as does Switzerland. And that well known bastion of economic freedom Mauritius comes in at number 8. Canada is ranked higher than the US.? Australia? Thie list was compiled by the Heritage Foundation and the Wall Street Journal. Washington Examiner: Heritage has jointly compiled the index annually with the Wall Street Journal for more than a decade. It covers 185 countries around the globe. The index measures "10 components of economic freedom, assigning a grade in each using a scale from 0 to 100, where 100 represents the maximum freedom," according to Heritage. The 10 components are grouped into four distinct areas: - Rule of law, including property rights and freedom from corruption. - Limited government, including fiscal freedom and government spending. - Regulatory efficiency, including business freedom, labor freedom and monetary freedom. - Open markets, including trade freedom, investment freedom and financial...(Read Full Post)