50 States 2013:
The Top 5:
1. North Dakota
2. South Dakota
4. New Hampshire
The Bottom 5:
50. New York
48. New Jersey
46. Rhode Island
STUDY: Texas the 14th Freest State in the U.S.
Texas ranks 14th in the latest edition of Freedom in the 50 States, the most comprehensive comparison available of economic, regulatory and personal freedoms across the country.
Released today, the study is available in book form (view free PDF) or as an interactive online resource. It considers more than 200 policies to grade the states on dozens of categories, and allows users to build their own rankings based on the freedoms that matter most to them.
While Texas does rank highly, it fell from its eighth-place finish two years ago. Despite its reputation as a low-regulation state, Texas ranks much higher on fiscal policy.
VIDEO: Freedom in Texas
- Texas ranked 14th in overall economic freedom, 10th in fiscal policy, 24th in regulatory policy, and 31st in personal freedom.
- Texas ranks 1st in labor market freedom, and enjoys one of the lowest tax burdens in the country.
- State and local debt is high and the authors recommend tightening standards for local government debt issuance.
Authors William Ruger and Jason Sorens are affiliated scholars with the Mercatus Center at George Mason University.