The Economic Impact of Recent Court Decisions

The Economic Impact of Recent Court Decisions
The U.S. Supreme Court in Washington, on June 27, 2023. Kevin Dietsch/Getty Images
Robert Genetski
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Since the turn of the century, U.S. constitutional guarantees of economic freedom have been eroding. A combination of government, businesses, and social media firms have recently placed serious limits on individual freedom of speech and actions. The result has hastened the denigration of U.S. economic freedom.

The Washington, D.C.-based Heritage Foundation publishes measures of economic freedom for most countries in the world. These designations are based on classical economic principles. These principles measure the extent governments follow the rule of law; control spending, taxes and debt; permit free markets to operate; and provide a stable currency.

Robert Genetski
Robert Genetski
Author
Robert Genetski is a public speaker, author, columnist, and one the nation’s leading economists. He has taught economics at the University of Chicago’s Graduate School of Business and NYU. His latest book is “Rich Nation, Poor Nation: Why Some Nations Prosper While Others Fail.” Genetski’s website is ClassicalPrinciples.com.
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