Economic freedom: A silver bullet for Europe’s economic challenges?

Entrepreneurial activity is viewed as beneficial for national economies, but does an economy therefore need a large degree of economic freedom to stimulate entrepreneurship? Andreas Kuckertz and Elisabeth S.C. Berger present recent research comparing the level of economic freedom and entrepreneurial activity across 63 economies. They argue that extreme levels of economic freedom are not a silver bullet to stimulating more entrepreneurship in Europe and that understanding the connection between these two factors requires a more fine-grained perspective.