The Undone Tasks of Deregulation

The Quadrant online writes about the burdens of regulation noting that "little disincentives and distractions add up". The author refers to "an important paper" published by IFN and Christian Bjørnskov, affilated to IFN, about the relationship between standard measures of economic freedom and economic crises. "As Bjørnskov finds, a high degree of economic freedom does little to prevent countries from suffering an economic crisis. But the degree to which an economy is free is a very important factor..."