Re:How Laissez-Faire Made Sweden Rich (2013)
by pensativo on Saturday March 24, 2018 @08:50AM
(#16666352)
People already poited out that a) Sweden wasn't very poor in the first place b) didn't participate much in conflict during the time; and, most importantly c) technology was extremely influential in the sense that there was just more to go around.
I want to point out that I think (c) is by far the most important fact but that the post ignores; however, it also ignores lesser factors such as the widespread participation and effects of labor unions.
I see the post as grossly oversimplifying (by conveniently ignoring many other historical factors) while the last time I check, this is something that's still very much debated by modern economists.
I want to point out that I think (c) is by far the most important fact but that the post ignores; however, it also ignores lesser factors such as the widespread participation and effects of labor unions.
I see the post as grossly oversimplifying (by conveniently ignoring many other historical factors) while the last time I check, this is something that's still very much debated by modern economists.