TORONTO, ONTARIO--(Marketwired - July 27, 2015) - On Tuesday, July 28, the Fraser Institute will release a new essay exploring the relationship between a country's level of economic freedom and its population's level of life satisfaction (or happiness).

Economic freedom is based on the cornerstones of personal choice, trade openness, freedom to compete, security of private property and judicial independence.

The essay, Economic Freedom, Individual Perceptions of Life Control and Life Satisfaction, draws upon data collected from the World Values Survey, European Values Studies and the Fraser Institute's Economic Freedom of the World Annual Report.

A news release with additional information will be issued via Marketwired on July 28 at 5:30 a.m. (EST).

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The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute's independence, it does not accept grants from governments or contracts for research. Visit

Contact Information:

Media Contact - The Fraser Institute
Fred McMahon
Dr. Michael A. Walker Research Chair in Economic Freedom
(416) 363-6575 ext. 226
Mobile: (416) 727-7138

The Fraser Institute
Aanand Radia
Media Relations Specialist
(416) 363-6575 Ext. 238