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Although there is very little corruption in Norway, we certainly have some issues as a result of the oil and gas resources. There is a lot of concern that Norwa

Although there is very little corruption in Norway, we certainly have some issues as a result of the oil and gas resources. There is a lot of concern that Norway's economy has "Dutch disease" - http://en.wikipedia.org/wiki/Dutch_disease http://en.wikipedia.org/wiki/Dutch_disease Norway is also politically more socialist than the US. This is one area where I admire the US more, because the US has more opportunities for innovation, tech startups and in general a more agile and productive economy outside of the oil industry. PS: I'm Norwagian...

gahahaha 16y ago
I'm not so sure you should admire the US so much. There is certainly an entrepreneurial spirit there, but income mobility is much higher in Scandinavia. Better chance of becoming rich if your parents are poor. Also, Norway is usually at the bottom of the Nordic countries in corruption rankings. Usually this is attributed to the oil sector. Dutch disease might be a problem, but /I/ think it will be quite mild, because we are so aware of the possibility. Salary increases have not been totally out of proportion this year, unless you start thinking about the countries around us with actually sinking salaries.... /also Norwegian
- rubashov 16y ago
  > but income mobility is much higher in Scandinavia Apples to apples, not really. The comparison would be between people of Scandinavian descent in the US and Norwegians generally. The people of Scandinavian descent in the US are also healthier and wealthier over all compared to their relatives still in Europe.
- gorm 16y ago
  It's important to look on social mobility vs financial mobility. Even though you have high income mobility in a rich country like Norway there is still poor social mobility.
tallanvor 16y ago
Norway being politically more socialist than the US is an example of reasons to admire Norway more. By not allowing companies to take advantage of people the way they are often able to do in the US makes a huge difference in the quality of life for everyone. PS: I'm an American living in Norway. :)

gahahaha 16y ago

I'm not so sure you should admire the US so much. There is certainly an entrepreneurial spirit there, but income mobility is much higher in Scandinavia. Better chance of becoming rich if your parents are poor. Also, Norway is usually at the bottom of the Nordic countries in corruption rankings. Usually this is attributed to the oil sector. Dutch disease might be a problem, but /I/ think it will be quite mild, because we are so aware of the possibility. Salary increases have not been totally out of proportion this year, unless you start thinking about the countries around us with actually sinking salaries.... /also Norwegian

rubashov 16y ago
> but income mobility is much higher in Scandinavia Apples to apples, not really. The comparison would be between people of Scandinavian descent in the US and Norwegians generally. The people of Scandinavian descent in the US are also healthier and wealthier over all compared to their relatives still in Europe.
gorm 16y ago
It's important to look on social mobility vs financial mobility. Even though you have high income mobility in a rich country like Norway there is still poor social mobility.

tallanvor 16y ago

Norway being politically more socialist than the US is an example of reasons to admire Norway more. By not allowing companies to take advantage of people the way they are often able to do in the US makes a huge difference in the quality of life for everyone. PS: I'm an American living in Norway. :)