05/10/2004 9:33:12 am
No cometan el error de Suecia! I was invited by market-oriented think tank Fundacion Libertad in Panama to write an op-ed article in one of their largest dailies, El Panama America. I chose to write an article with the headline "Don?t Make the Swedish Mistake!". In it, I describe the fantastic Swedish economic development between 1890 and 1950. Entrepreneurs, free trade and low taxes created the highest economic growth in the world. After that, however, growth has declined. Few people work, many people are dependent on government contributions. Welfare services are deteriorating. The main cause is the model of big government itself. If any country wishes to learn from the Swedish example, they should look before 1950, and not after.
Read the article (in Spanish) ->