{"id":5146,"date":"2019-01-15T16:23:48","date_gmt":"2019-01-15T16:23:48","guid":{"rendered":"https:\/\/www.wasteyourtime.co\/?p=5146"},"modified":"2020-03-25T14:12:49","modified_gmt":"2020-03-25T14:12:49","slug":"swedish-economy","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/01\/swedish-economy\/","title":{"rendered":"Swedish Economy – HOW SWEDEN CREATED A MODEL ECONOMY"},"content":{"rendered":"

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3 min read<\/span><\/i><\/p>\n

\"Swedish
\nphoto source Jonathan-Brunkhorst unsplash<\/span><\/em>
\nNearly half of millennials say they prefer socialism to capitalism, but what do they mean?<\/span><\/p>\n

\u201cMy policies most closely resemble what we see in the U.K., in Norway, in Finland, in Sweden,\u201d Rep. Alexandria Ocasio-Cortez told \u201c60 Minutes.\u201d <\/span><\/p>\n

Yet Sweden\u2019s experiment with socialist policies was disastrous, and its economic success in recent decades as a result of market-based reforms.<\/span><\/p>\n

The Swedish economy continues to outperform other advanced economies. <\/span><\/p>\n

Sweden is an amazing country. It is the country where Ikea, Skype, Spotify, Ericsson, Mojang (of the Minecraft fame) were founded and the country of the world\u2019s oldest Central bank Sveriges Riksbank.<\/span><\/p>\n

In the past, the Nordic nation has been criticized over state intervention. But now it tends to be presented as an example of how to optimize market capitalism. <\/span><\/p>\n

What\u2019s the secret?<\/span><\/p>\n

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