In The Capitalist Welfare State, Lund University economist Andreas Bergh explains how Sweden has managed to increase economic productivity despite its large public sector.
Bergh says that despite popular mythology, Sweden is not a socialist success story but instead owes its economic growth to the lowered tax rates and deregulation of the early 1990s, which allowed innovation and investment to flourish. Bergh also discusses how Sweden’s national voucher program revitalized the country’s educational system and warns that Americans who are hoping to emulate Swedish success by growing the public sector are learning the wrong lessons from Sweden.
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...read moreIn The Capitalist Welfare State, Lund University economist Andreas Bergh explains how Sweden has managed to increase economic productivity despite its large public sector.
Bergh says that despite popular mythology, Sweden is not a socialist success story but instead owes its economic growth to the lowered tax rates and deregulation of the early 1990s, which allowed innovation and investment to flourish. Bergh also discusses how Sweden’s national voucher program revitalized the country’s educational system and warns that Americans who are hoping to emulate Swedish success by growing the public sector are learning the wrong lessons from Sweden.
Produced by … Read the rest
...read more
Okay, this is hilarious. In his own words, Obama says that government run programs are a mess and free market capitalism works better. And he wants the government to determine life and death issues?!?!
Full story here, the entertain bit below.
...read moreSo what does President Obama do? He makes matters worse. He tries to argue that private companies can in fact compete with the government, and he winds up needing a special operation to remove his foot from his mouth.
“I mean, if you think about it,” Obama told a town hall audience, “UPS and FedEx are doing just