Sweden
According to Wikipedia, the Kingdom of Sweden is a Scandinavian country in Northern Europe. It borders Norway to the west and north and Finland to the east, and is connected to Denmark in the southwest by a bridge-tunnel across the Öresund. Sweden has a total population of 10.1 million. Approximately 85% of the population lives in urban areas. Sweden maintains a Nordic social welfare system that provides universal health care and tertiary education for its citizens. It has the world's eleventh-highest per capita income and ranks highly in numerous metrics of national performance, including quality of life, health, education, protection of civil liberties, economic competitiveness, equality, prosperity and human development.
The Surprising Ingredients of Swedish Success -- Free Markets and Social Cohesion
9/5/12
A new paper demonstrates that Swedish economic success is a result of the free market and not the welfare state...
from NCPA,
9/5/12:

A new paper demonstrates that Swedish economic success is a result of the free market and not the welfare state, says Nima Sanandaji of the Institute of Economic Affairs (U.K.).

Indeed, Sweden did not become wealthy through social democracy, big government and a large welfare state. It developed economically by adopting free-market policies in the late 19th century and early 20th century. It also benefited from positive cultural norms, including a strong work ethic and high levels of trust.

The policy shift toward a big state and higher taxes occurred mainly during the next 30 years, as taxes increased by almost one percent of GDP annually.

The rapid growth of the state in the late 1960s and 1970s led to a large decline in Sweden's relative economic performance. In 1975, Sweden was the fourth richest industrialized country in terms of GDP per head. By 1993, it had fallen to fourteenth.



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