Explore the relationship between economic freedom and global prosperity in this 49-minute lecture from the Hayek Lecture Series at Duke University. Delve into the Index of Economic Freedom, examining key factors such as property rights, sound money, and free trade. Discover how economic freedom impacts income inequality and national wealth through real-world examples, including a case study on Hong Kong. Learn about the Economic Freedom Map and its implications for policy-making. Gain insights from Robert Lawson, a renowned expert in economic freedom and co-author of the Economic Freedom of the World annual reports, as he presents findings from the Fraser Institute's research on over 150 countries.