Mises Daily
Author:
Stefan Karlsson
Online Publish Date:
payroll taxes. The payroll-tax increases, along with increasing wage demands from unions, made Swedish businesses highly uncompetitive on the global markets, something The Boy Who Cried Wolf, no one believed them. Inflationary expectations and thus union wage demands remained very high. And in 1985, the government decided to Europe is that these reforms, which have not been implemented in most continental European countires, have made the Swedish economy relatively freer. And even with