Economic Freedom

 

   Economic freedom measures the degree to which the government intervenes in economic activities.  

   It's the extent to which individuals and businesses can produce, invest, work, and trade with minimal state interference.

  

  It involves protection of private property, legal certainty, low tax burden, monetary stability, freedom of competition, and open trade.

   The greater the predictability of rules and the lower the bureaucracy, the higher the economic freedom.

 

  It's not something isolated, but the set of rules that either facilitate or hinder starting and running businesses, or that intervene in labor income.

  Example: opening a shoe store.

   In Chile (high economic freedom), with the “Empresa en un Día” system, it's possible to set up a company in 1 to 5 business days, provided the documentation is in order.

 

   In Brazil, even with digital advances, it takes on average 30 to 60 days (up to 4 months when including permits and licenses).

   Tax burden: Brazil 32-34% (recent record); Chile 20-21%.

  

   Minimum wage (March 2026): Brazil R$ 1,621/month.  

  Chile ≈ R$ 3,000/month (using an approximate exchange rate of around R$ 5.21 per USD; actual CLP 539,000 minimum wage converts to roughly that range depending on the daily rate).

    In Chile, there is no mandatory 13th salary—the company decides whether to offer a Christmas bonus.  

   But what would you prefer: a monthly salary that's about 90% higher every month, or an extra payment parceled out at the end of the year? 😉

  

   Many Chilean companies offer both.  

   Less state intervention generates more income and greater agility.

  Filosofia Matemática - Link

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