These are small steps, but prudent ones, in the right direction of freer markets.

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While India was embracing freer markets, Thapar thought Ballarpur was lagging.

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Certainly Mr Fabius, with his Strauss-Kahn-like enthusiasm for lower taxes and freer markets, will be a counterweight to Martine Aubry, the employment minister, who has saddled employers and unions alike with the 35-hour week.

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Private enterprise, freer markets, foreign investment.

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Mr. Greiner: Their focus on educational quality and productivity levels thanks to freer labor markets.

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Thus Birkbeck's Ms Sibert thinks that continental countries will have to make their labour markets freer and that Britain's housing market will also adjust.

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Freer financial-services markets, he said, would be good for South Korea.

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The bustle at the Office of Fair Trading suggests that some product markets could be made freer.

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Thirty years after Thatcherism began to work its cruel magic in Britain (see article), continental Europe still tends to favour a larger state, higher taxes, heavier regulation of product and labour markets and a more generous social safety-net than freer-market sorts like the Iron Lady would tolerate.

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