A book I regard as heroic will be published in London on Monday. The
2005 Index of Economic Freedom  is a forensic examination of the economies of every country on the planet. It manages to be a fine reference book and a guide on how to impoverish a nation - or equally how to enrich it.
Here is a recipe book to liberate and enrich everyone. How many officials of the European Union will read this book? It may be too painful for them. Economies that used to dazzle like Germany and Japan stutter. Others start to surge. This book lifts the secrets. The details may be complex but here is the simple formula for wealth and health: low, simple taxes, light regulation, secure property, rule of law and free trade. Press those buttons and nations flourish.
I would like to see this extraordinary study on the reading list of every business school and read by everyone remotely near policymaking.
We all have a fair idea of what is going on in China, Brazil or India, but there are scores of nations about which we barely hear anything. The team that compiled this arresting book takes 50 different measures of each state, from the fiscal burdens, government regulation, monetary polic