The United States now ranks 11th in economic freedom, according to the new 2017 Economic Freedom of the World Report published by Canada’s Fraser Institute. The research provides important lessons about “economic nationalism,” which has re-emerged as a populist force both in the United States and elsewhere around the world.

Hong Kong and Singapore are once again the most economically free, followed by New Zealand, Switzerland, Ireland, the United Kingdom, Mauritius, Georgia, Australia, and Estonia. The United States is tied with Canada.

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