03/02/2007 4:19:25 pm
Economic Freedom - Stockholm, Wednesday. The 2007 Index of Economic Freedom (Heritage/Wall Steet Journal) has been presented in Hong Kong, which was the freest economy. On Wednesday, we will present it in Stockholm. There are a few seats left, read more here. (Attendants will get a copy of the 408-page publication and a CD.) Some more information about the 2007 Index in advance can be found here.

I have written Chapter 2, about the need for Labor Freedom in Europe. That is a new category in this year?s Index. The correlation between the degree of economic freedom and prosperity - and indeed between labor freedom and employment - is strong. Ther facts of the Index thus leads to obvious policy recommendations. In the case of Sweden, the main focus should be cutting taxes and public expenditure and de-regulate the labor market.