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The Nordic Model
- foofoo4u 5y agoSome of you may enjoy this high-level explanation of the Nordic Model from what looks to be from MIT: https://economics.mit.edu/files/5726 https://economics.mit.edu/files/5726 . I Found it to be a relatively easy read. Covers what it is, how it stays afloat, and potentially long term failures of the model.
- CryptoPunk 5y agoA critique of the Nordic Model: https://iea.org.uk/publications/research/scandinavian-unexceptionalism-culture-markets-and-the-failure-of-third-way-soc https://iea.org.uk/publications/research/scandinavian-unexce... Nima Sanandaji's argument is that Scandinavian success predated the emergence of an extensive welfare state, and that the region's trajectory worsened after its emergence, causing its lead over the rest of the world in a number of socioeconomic metrics to shrink.