How Socialist is Sweden?

Source: Bet On It
by Johan Norberg

“One of [Scott] Sehon’s favorite pro-socialism arguments is that Scandinavian welfare states seem to be doing better on many indicators of well-being than the United States. This is a tricky argument, since it’s difficult to find causation when so many variables differ between Scandinavians and Americans. … on other indicators than taxes and spending, Sweden is on average slightly more capitalist than the US. If Scott Sehon wants to imitate Sweden, he would have to liberalize several markets, reform social security and introduce private accounts, introduce school vouchers, get rid of most occupational licensing, introduce budget rules that demand a surplus over a business cycle, abolish inheritance and property taxes, and actually reduce corporate taxes a bit.” (11/17/23)