Sweden

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The Swedish Brains Behind the Welfare State

Few places in the world have managed to maintain strong economies with high tax rates and welfare spending. Eddie Go delves into the Swedish origins of the unique Scandinavian model.

This article first appeared in Short Supply 2016 – check out the full magazine via the Short Supply tab at the top of this page!

The Swedish Welfare System

There’s a lot to learn from a country like Sweden. Having lived and studied in the south of Sweden for the better part of the past year, I’ve found it easy to see why it’s held in such high regard. With free education, universal healthcare, and myriad other benefits available to its citizens, Sweden is a great example of a how a welfare state can look after its people and yet still remain competitive in a global market.

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A Fine Point

Edwina Economist is driving to an important meeting with her boss to discuss the prospects of her promotion. She is confident that she will get the promotion if she is punctual and relaxed. Unfortunately, she is running behind schedule. Edwina entertains the thought of speeding to 100km/h along a road with a limit of 80km/h – a road which she knows to have light traffic at this time of day and is monitored by speed cameras. This will get her to the meeting in just in time, and maximize her chance of promotion.

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