In response to:

Why Do Swedes in America Earn Far More than Swedes in Sweden?

FletchforFreedom Wrote: Sep 14, 2012 8:51 AM
The most cited myths about Scandinavia are their "miraculous" socialist success, but the reality is quite different. Sweden grew successful as a direct result of the robust embrace of capitalism. Since it's adoption of such massive social programs it has actually lagged the US in economic perfromance. Norway's success results not from socialism but from its massive oil exports resulting in the equivalent of more than $50K for a family of 4 every year. Absent that distortion, Norway performs well below the US. Finland has been a disaster, falling far below the US in several measures - living space (where the poor in the US do better than the middle class anywhere else in the world), disposable income, assets, etc.
faultroy Wrote: Sep 14, 2012 5:54 PM
But they have far surpassed the USA in many other measures. Finland ranks number one in the world from an education standpoint. Maybe we are using the wrong markers.
FletchforFreedom Wrote: Sep 14, 2012 8:03 PM
Quite the contrary, the whole response is a ridiculous dodge. Even if it weren't for the fact that the US's indigenous population has a comparable education level and comparable literacy levels despite having significant immigration and a decidedly non-homogenous population, the fact remains that the comparison is economic and on that basis Scandinavia is a relative failure (albeit over the last decade so are we...)

In my travels through Europe, I often wind up debating whether policy is better in the United States or Europe. I generally try to explain that this is the wrong comparison, both because Europe is not a monolithic bloc and also because most individual nations have both good policies and bad policies.

But sometimes you have to use blunt comparisons, which is why this data on living standards is powerful evidence that Europe is paying a high price for excessive government.

When I cite such data, proponents of statism often respond by arguing that I’m being unfair by lumping together...

Related Tags: America