The Nordic nations punch above their weight in global discussions of economic policy.
Advocates of bigger government in the United States, such as Bernie Sanders, claim that those countries are proof that socialism can work.
But theres a big problem with that claim. The Nordic nations dont have any of the policies government ownership, central planning, or price controls that are characteristics of a socialist economy.
But they do have high taxes and big welfare states. And since some politicians seem to think America should copy those policies, lets see what we can learn by examining the Nordic nations. CARTOONS | Close to Home View Cartoon
NIma Sanandaji, writing for Foreign Policy, highlights what is good and not so good about government policy in the region. He starts by looking specifically at Norway.
#1: Prefrontal Vortex To: Ada (#0)
Prefrontal Vortex posted on 2019-08-13 14:29:25 Reply Private Reply
#2: NeoconsNailed To: Ada (#0)
www.theguardian.com/world...ndinavian-miracle-brutal- truth-denmark-norway-sweden
www.youtube.com/watch? v=7yGpU-nxtIk
In the choir loft at Temple Emanu-El in Manhattan I once heard a very nice Swedish couple pour out their hearts about dealing with the Swedish economy, its crushing taxes etc -- and that was like 3 decades ago :-x
NeoconsNailed posted on 2019-08-13 20:40:52 Reply Private Reply