According to the report:
And here’s the ranking for economic freedom in states and provinces. As you can see, Alberta and Saskatchewan are in the top two spots, followed by the American states of Delaware, Texas, and Nevada.and...
If you look at the policies that sub-national governments actually control, the rankings change a bit. Alberta still comes in first place, but Saskatchewan plummets.That sounds a bit more like my perceptions. North Dakota, home of the lowest unemployment rate in the nation, is just below them in 8th place.
Meanwhile, the best American state is South Dakota, followed by Tennessee, Delaware, and Texas.
My impression is that they developed an algorithm - a way to calculate an answer, these ratings - and they now believe it to be true. In my business, we then spend a bit of time and money to see if the algorithm gives answers that agree with reality. I think they need to do that.