https://www.frontpagemag.com/fpm/2020/01/whitewashing-swedish-nightmare-bruce-bawer/
Poking around YouTube the other day, I stumbled across a 2018 documentary that was written and hosted by Johan Norberg, a 46-year-old Swedish economist who is a Senior Fellow at the Cato Institute, the libertarian think tank in Washington, and who is one of his country’s leading boosters of free trade and free markets. This was hardly Norberg’s first venture into the documentary form: in 2003, Britain’s Channel 4 aired Globalisation is Good, in which Norberg celebrated the prosperity created in Taiwan and Vietnam through the outsourcing of factory jobs from the U.S. – but neglected to breathe a word about the catastrophic impact of that outsourcing on millions of American workers.
Norberg’s 2018 documentary is entitled Sweden: Lessons for America? In it, he traces Sweden’s economic ups and downs over the last couple of centuries: once a dirt-poor land in the grip of guilds and regulations, Sweden embraced the free market and low taxes – resulting in a century of burgeoning prosperity – only to “screw it up” in the 1960s by introducing a big-government welfare state that charged Pippi Longstocking author Astrid Lindgren a 102% income rate and Ingmar Bergman 139%. (He fled to Germany.) From 1976 to 1995, Sweden went downhill; interest rates hit 500%; IKEA moved its headquarters abroad. But the story, as Norberg tells it, has a happy ending: the 1990s brought reforms – deregulation, lower taxes, school vouchers, widespread privatization of public services, no minimum wage – that resulted in a first-rate climate for entrepreneurship and innovation and a “very productive private economy” that yields enough wealth to fund generous welfare benefits and pensions. America, we’re urged in Norberg’s conclusion, should look to Sweden as a model.