Monday, January 22, 2007

PRODUCTIVE BEHAVIOR IN SWEDEN

"The Swedish model serves politicians as an inescapable excuse for raising tax rates on personal and corporate income as well as for a guiding tool in how to undermine the dynamics of the labor market through restrictive government regulation which sets heavy obstacles to productivity growth in the business sector. Sweden's image of a social country that creates "social tranquility" is largely a myth that has become so sticky and undroppable to many unsophisticated experts."

Rok SPRUK, the author of Capitalism & Freedom

Nima and Tino Sanandaji have written a thorough brief analysis on the state of productive behavior in Swedish economy. The authors highlighted unemployment, entrepreneurship and working ethics as a system in which there is only little room for entrepreneurship. The article can be read here.

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