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What does it mean to prosper? Is prosperity just the accumulation of material wealth, or are there other determinants to overall well-being? Why is there a great divide in life satisfaction between Denmark and Hong Kong despite their seemingly equal levels of prosperity? These questions are the subject of a forthcoming report by the Legatum Institute, an independent policy research organization. The Legatum Prosperity Index describes factors that determine national prosperity across the globe. This year’s Index, to be released the day of the event, ranks more than one hundred countries based on a holistic view of prosperity, examining the role of entrepreneurship, good governance, freedom of choice, and quality of family life, among others.

At this event, Legatum Institute senior vice president William Inboden and senior fellow Ryan Streeter will present the new Index. Millennium Challenge Corporation chief economist Franck Wiebe and AEI’s Roger Bate will respond. AEI’s Philip I. Levy will moderate.