All my life, Americans have been accustomed to thinking of theirs as ‘the richest, freest’ country in the world. By most measurements, it was long a contender for that honor, and – among the larger countries, if equal weight were given to wealth and indices of freedom – probably did deserve to be so described.

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All my life, Americans have been accustomed to thinking of theirs as ‘the richest, freest’ country in the world. By most measurements, it was long a contender for that honor, and – among the larger countries, if equal weight were given to wealth and indices of freedom – probably did deserve to be so described.