Thursday, September 30, 2010

National Review On Sweden

Interesting essay in National Review about Sweden (HT Fredrik Segerfeldt), pointing to how Sweden's relative wealth was created when it had a relatively free economy, and how more socialist policies during the 1970s and 1980s caused Sweden's economy to decline, and how free market reforms and spending and tax cuts have caused Sweden to perform relatively well.

But it also points to how Sweden is still too socialist, and how these policies have contributed to the low employment rate of non-Western immigrants (these policies have to a lesser extent also lowered the employment rate of other immigrants and the native born), something which in turn has contributed to the rise of the "far right" anti-immigration Sweden Democrats.