Sweden and economy historically

Johan Norberg, the Swedish pro Globalist and author of "In defense of capitalism" has yet again hit the nail on the head.
He has written a short essay for the Liberal party of New Zealand. The Essay details how Swedens great economic history has more to do with it's liberal attitude towards free trade and market economies. As Johan shows it is not until the 70's that the economy takes a downturn.

As late as 1950 Sweden ’s taxes and public expenses were lowerthan in the US and in West Europe as a whole. And in contrast to most other countries, Swedish parties on both sides always saw the benefits of free trade, and never turned away from international markets. The trade unions were relatively positive to competition and restructuring, and allowed old sectors to pass away without government support and protection, as long as new jobs were created.

It is actually a quite sad read from here on out, in the end the recommendation is:

Sweden is not a puzzle or a paradox, it’s actually pretty clear cut: Sweden does very well in sectors with market incentives and competition. And it does very bad when it comes to the spheres ruled by an anti-market logic. So the rest of the world should look at Sweden , but not just to learn from our successes, but also our failures.

Read the whole story at:
http://www.nzcpd.com/guest13.htm

Sincerely
Mr Silence Dogood