Scott Sumner reports

I actually looked at all 32 economies with per capita income above $20,000/year (i.e. as rich as Portugal.)  Interestingly, just as Denmark was number one in both markets and civic virtue, the same country placed dead last in both the free markets and civic virtue rankings.  And what is the country with both the lowest level of civic virtue and the least reformed statist economic system among 32 developed countries on four different continents?

You’ve probably guessed it by now . . . Greece.

Read the whole post, which is interesting throughout and more about economic liberalism than about Greece.


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