Countries with more economic freedom have higher per capita incomes and lower poverty rates

See The Case Against Socialism, Part IV by Dan Mitchell. Excerpts:

"And here are two more graphs from EFW that are worth sharing.

Figure 1.4 looks at average per-capita economic output by quartile. As you can see, the world’s freest economies have more than seven times as much per-capita GDP.

Socialists claim to be concerned about the poor.

Many of them, I’m sure, are very sincere.

But they also are very wrong about their preferred economic system. That’s because Figure 1.9 reveals that material deprivation is almost non-existent if free economies, but is very common in statist economies.

I’ll close by noting that there are different strains of statism, so not every lowly ranked country is socialist. But the flip side of that statement is that every socialist country is lowly ranked. Which is a statement that belongs in the not-surprising file."