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This seminal Handbook provides a comprehensive overview of contemporary research on economic freedom, using multidisciplinary methods to assess studies of the determinants and consequences of market-oriented institutions and policies.

Niclas Berggren brings together world-leading experts in their respective fields to explore the notion of economic freedom in the history of economic thought, to present measures of economic freedom and to provide overviews of the latest empirical research. Chapters cover a wide range of topics, such as how religion, democracy and immigration affect the extent to which societies are market-oriented, and how economic freedom relates to economic growth, entrepreneurship and happiness. Chapters also address claims that economic freedom causes socioeconomic cleavages, a worse life for women and environmental degradation. Looking forward, the Handbook of Research on Economic Freedom presents cutting-edge research and proposes key policy recommendations for future institutional reform and development.

This Handbook will prove a vital read for academics, researchers and students across economics and finance, and related disciplines, interested in institutions, capitalism, the market economy and economic freedom. Summarizing crucial studies on the consequences of liberalizing reforms, it will also be of great benefit to governmental public policy-makers.

This seminal Handbook provides a comprehensive overview of contemporary research on economic freedom, using multidisciplinary methods to assess studies of the determinants and consequences of market-oriented institutions and policies. Niclas Berggren brings together world-leading experts in their respective fields to explore the notion of economic freedom in the history of economic thought, to present measures of economic freedom and to provide overviews of the latest empirical research.

?Many readers of [The Review of Austrian Economics] are familiar with the life and work of James D. Gwartney. Before his passing earlier last year, Jim was excited that this edited volume was almost complete. I know that if Jim could see the final product he would be very proud. The editor of the book, Niclas Berggren, has done an excellent job putting together the authoritative Handbook on economic freedom research. This book is a must-have reference for anyone interested in the topic of economic freedom. Berggren, a well-known name in the arena of work on economic freedom, leveraged his knowledge to assemble an exceptional volume. [...] Overall, Niclas Berggren has done a superb job putting together the Handbook on economic freedom research. It is authoritative and should be the starting point for anyone interested in getting to know the last three decades of research on economic freedom.?

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Contents:

1 Introduction to the Handbook of Research on Economic Freedom 1
Niclas Berggren

PART I THE CONCEPT AND MEASUREMENT OF ECONOMIC FREEDOM
2 The creation of the Economic Freedom of the World index 16
James D. Gwartney and Robert A. Lawson
3 Economic Freedom of the World in the universe of measuring institutions 32
Ryan H. Murphy

PART II ECONOMIC FREEDOM IN THE WORLD
4 Economic freedom, 1950?2020 49
Ryan H. Murphy
5 Economic freedom in economic history 61
Vincent J. Geloso and Gregory W. Caskey

PART III ECONOMIC FREEDOM IN THE HISTORY OF ECONOMIC THOUGHT
6 Adam Smith and economic freedom 75
Maria Pia Paganelli
7 Economic freedom in the Freiburg and Austrian schools 86
Gerhard Wegner

PART IV DETERMINANTS OF ECONOMIC FREEDOM
8 Religion and economic freedom 102
André Azevedo Alves and In?s Gregório
9 The effects of crises on economic freedom and market-oriented
reforms: a survey 118
Hans Pitlik
10 Democracy and economic freedom 134
Abishek Choutagunta and Jerg Gutmann
11 Government ideology and economic freedom: new empirical evidence 145
Klaus Gru?ndler, Armin Hackenberger and Niklas Potrafke
12 Immigration and economic freedom 160
Alexandre Padilla
13 Deep determinants of economic freedom 174
Ola Olsson

PART V CONSEQUENCES OF ECONOMIC FREEDOM
14 The impact of economic freedom on economic growth 190
Jakob de Haan and Jan-Egbert Sturm
15 Economic freedom and inequality: a survey of the empirical literature 211
Daniel L. Bennett
16 Economic freedom and happiness: on moderation and mediation 228
Johan Graafland
17 Entrepreneurship and economic freedom 245
Per L. Bylund, Peter G. Klein and Matthew McCaffrey
18 The influence of the market economy and economic freedom on culture 261
Eelke de Jong
19 Economic freedom and gender 275
Rosemarie Fike
20 Economic freedom and populism 299
Andreas Bergh and Anders Kärnä
21 Economic freedom and human rights: a survey 317
Christian Bj?rnskov
22 Economic freedom and the economic effects of crises 332
Jamie Bologna Pavlik
23 Economic freedom and environmental performance 345
Jonas Grafström
24 Economic freedom, peace and violent conflict 359
Tim Krieger and Daniel Meierrieks
25 The impact of economic freedom on corruption and the shadow economy 374
Peter Graeff

PART VI THE PHILOSOPHY OF ECONOMIC FREEDOM
26 Economic freedom and social justice 390
Nick Cowen
27 Freedom and flourishing 404
Douglas J. Den Uyl and Douglas B. Rasmussen