Saturday, June 09, 2012

Sweden’s free-market reform
Americans still think of Sweden as a tightly regulated social-welfare state, but in the last two decades the country has been reformed. Public spending has fallen by no less than one-fifth of gross domestic product, taxes have dropped and markets have opened up.

The situation is similar in the other Scandinavian countries, the Baltic nations and Poland. But no turnabout has been as dramatic as Sweden’s.
Steve Sailer says what made Sweden great wasn’t that it was long socialist but that they’re Swedish.

P.J. O’Rourke:
Swedish official: Unemployment is nearly zero in Scandinavia.
Him: It’s nearly zero among Scandinavian-Americans.

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