Sunday, March 15, 2015

Support for free markets by country

The Pew research Center carried out a Global attitude and trends survey in October 2014 which shows some interesting results. One result that brought my attention is the differences in support for free market economic systems.



As you can see South Korea is the country that agrees most with the statement "Most people are better off in a free market economy,...".

Greece, Japan and Spain are on the opposite site. Economic Stagnation or crisis seems to correlate well with this. But, arguably, is Northern Europe, US and UK the most economically free countries. So, it seems that the non-economically free countries tend to blame something they don't have for their problems.