How Laissez-Faire Made Sweden Rich

Sweden often gets held up as an example of how socialism can work better than markets. But, as Norberg shows, Sweden’s history in fact points to the opposite conclusion.

Sourced through from:

H/T Steve Buckstein.  History- the sort of history that tries to fully understand and explain  how and why conditions change (while trying to contain the authors prejudice), is powerful, when used to make decisions for the future.  


It is clear that history is often distorted in order to satisfy the authors political aims and viewpoint, of course.  It’s one aspect of human nature that never changes.  


This story provides background that Statist’s neglect to discuss…. How and why did Sweden enjoy massive economic growth, before turning into a "Progressive" welfare state. 

See on Scoop.itEconomicFactors


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