Religious liberty and economic freedom draw on and encourage similar traits. New data on economic liberty and religious freedom suggest that religiously free societies encourage entrepreneurs whose new enterprises benefit themselves, their companies, employees, shareholders, consumers, stakeholders and the entire community. In other words, religiously free societies usually display the highest concentration of companies that generate prosperity and broad development. Closed religious systems foul economic development and stunt growth. Closed economic systems are unkind or worse to religious sentiments and practice. Open systems in both areas are necessary to sustain human flourishing. Hence, if we desire more economic freedom and prosperity, then we should have a strategy of promoting religious liberty. If we want economic growth and development, we need to tolerate and permit religious groups and persons to follow their beliefs. Competition for religious activity creates healthy conditions for economic competition and activity.
