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Vincent Geloso: Wage gaps are smaller in economies with higher economic freedom

Vincent Geloso: Wage gaps are smaller in economies with higher economic freedom
Economic freedom narrows wage gaps

Vincent Geloso highlights that economies with higher scores on the economic freedom index tend to have smaller wage gaps.

He attributes this to factors such as increased labor force participation rates and greater rates of educational completion, referencing the work of Robin Grier.

Geloso has previously analyzed other aspects of economic measurement and historical wealth. He noted that Canadian agencies address CPI bias more effectively than their U.S. counterparts. In another article, Geloso discussed how the fortunes of Rockefeller and Carnegie included significant international asset holdings.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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