Monday, November 28, 2005

The Myth of the Scandinavian Model

In July, I posted about Sweden's shift from Socialism to Liberalism citing the downloadable book, Sweden after the Swedish Model. More recently, the Brussels Journal has compared the Scandinavian economies with others, in particular, Ireland. Charts a-plenty demonstrate the Liberal (liberty seeking) notion that low taxes stimulate growth while high taxes combines with generous welfare benefits result in stagnation and decline. Further, Ireland's tax structure puts relativly more emphasis on taxing consumption, rather than the more usual suspects of labor or capital.

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