Wednesday, March 10, 2010

Learning from Sweden's Free Market Renaissance

Sweden was a rich nation between 1870 and 1970 when government was very small, but then began to stagnate as welfare state policies were implemented in the 1970s and 1980s. The Center for Freedom and Prosperity Foundation explains how Sweden is rolling back the welfare state in an attempt to undo the economic damage of these policies. The highlight of the video is the "peeing in your pants" analogy.

1 comment:

  1. Interesting article, seems as if we are heading in the same direction that Sweden experienced. Too bad the "leaders" of our nation's capital can't learn from Sweden's mistakes. Free market is good for our country not welfare state policies.