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Economic Freedom of the World: 2020 Annual Report

Economic Freedom as a Driver of Trust and Tolerance

Book Chapter
Reference
Berggren, Niclas and Therese Nilsson (2020). “Economic Freedom as a Driver of Trust and Tolerance”. In James Gwartney (Ed.), Economic Freedom of the World: 2020 Annual Report (187–211). Vancouver, BC: Fraser Institute.

Authors
Niclas Berggren, Therese Nilsson

Editor
James Gwartney

This Chapter examines how the market economy affects cultural traits, in particular trust, tolerance, and antisemitism. The results indicate economic freedom generates social trust and tolerance. The relationship to antisemitism is complex. Gains in one area of economic freedom, the legal system, reduce it while gains in another, trade openness, increase it.