What we can learn from Sweden.

[AztecWilliam]

Many on the Left are enamored of Sweden. Well, heck, the Swedes are fine fellows and gals. Just because their government collaborated with the Nazis in WWII is no reason to dislike them. (And, yes, that is what happened!) Do they have any economic lessons to teach us? You betcha, say two Swedish economists, and I agree with them.

Here's what they have to say. . .

online.wsj.com/article/SB10001424052748704535004575348641192320912.html?mod=googlenews_wsj

AzWm

PS: On Swedish collaboration with Nazis. . . www.independent.co.uk/news/world/europe/murky-truth-of-how-a-neutral-sweden-covered-up-its-collaboration-with-nazis-727261.html

[aztecwin]

Will we take note and learn from the experience of Sweden?

[The Great Aztec Joe]

In politics and economics things are quite often not what they seem to be.

Economists are just like religious leaders (in fact they have a lot in common) since they both expect their followers to accept theory as fact so they can make additional theories appear to be believable.

[AztecWilliam]

Jul 13, 2010 7:48:09 GMT -8 The Great Aztec Joe said:

In politics and economics things are quite often not what they seem to be.

Economists are just like religious leaders (in fact they have a lot in common) since they both expect their followers to accept theory as fact so they can make additional theories appear to be believable.

I'll bet that's why they call economics "The Dismal Science"!

AzWm

[The Great Aztec Joe]

Jul 13, 2010 20:20:15 GMT -8 AztecWilliam said:

Jul 13, 2010 7:48:09 GMT -8 The Great Aztec Joe said:

In politics and economics things are quite often not what they seem to be.

Economists are just like religious leaders (in fact they have a lot in common) since they both expect their followers to accept theory as fact so they can make additional theories appear to be believable.

I'll bet that's why they call economics "The Dismal Science"!

AzWm

To qualify as science, an area of study has to have theories proven by scientific analysis. Unfortunately, Economics has many theories, but few if any can be proven by science. That is a dismal record.

My father, an atheist/agnostic (depending upon how drunk he was) used to tell me that if you put any three theolgians together in a room, in very short order they would find something to argue about. Lock them in a room long enough, and they will kill each other.

I would dare to speculate that the same would hold true with economists as well even if they would not kill each other, they would probably do physical harm to those they disagreed with.