{"id":8586,"date":"2013-10-09T22:58:03","date_gmt":"2013-10-10T02:58:03","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=8586"},"modified":"2013-10-09T22:58:03","modified_gmt":"2013-10-10T02:58:03","slug":"a-lesson-from-sweden","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/10\/09\/a-lesson-from-sweden\/","title":{"rendered":"A lesson from Sweden"},"content":{"rendered":"<p>Sweden is one of the leaders in a <a href=\"http:\/\/blogs.wsj.com\/economics\/2013\/10\/08\/how-do-u-s-reading-and-math-skills-compare-to-other-countries\/tab\/interactive\/\" title=\"WSJ: How Do U.S. Reading and Math Skills Compare to Other Countries?\" target=\"_blank\">recent OECD survey of literacy and numeracy levels<\/a>. Anders Aslund describes how the education system recovered from the ravages of the 1960s and 70s:<\/p>\n<blockquote>\n<p>The Swedish school system, Palme\u2019s [hardline socialist Olof Palme] original bailiwick, was badly ravaged by left-wing reforms of the 1960s and 1970s. Today, all pupils are entitled to school vouchers of equal value for each child of a certain age. Their parents can allocate this school voucher to any school the child is qualified to enter. As a result, while in the 1970s Sweden had only four private schools, one-fifth of Swedish secondary schools are now private, some for profit, others cooperatives or non-profit foundations&#8230;&#8230;.<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/www.themoneyillusion.com\/?p=16858'>TheMoneyIllusion \u00bb A Lesson for Ed Balls (And Noah Smith)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sweden is one of the leaders in a recent OECD survey of literacy and numeracy levels. Anders Aslund describes how the education system recovered from the ravages of the 1960s and 70s: The Swedish school system, Palme\u2019s [hardline socialist Olof Palme] original bailiwick, was badly ravaged by left-wing reforms of the 1960s and 1970s. Today, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/10\/09\/a-lesson-from-sweden\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;A lesson from Sweden&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14],"tags":[1191,3311,3621],"class_list":["post-8586","post","type-post","status-publish","format-standard","hentry","category-interests","tag-education","tag-sweden","tag-voucher-system"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A lesson from Sweden - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A lesson from Sweden - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Sweden is one of the leaders in a recent OECD survey of literacy and numeracy levels. Anders Aslund describes how the education system recovered from the ravages of the 1960s and 70s: The Swedish school system, Palme\u2019s [hardline socialist Olof Palme] original bailiwick, was badly ravaged by left-wing reforms of the 1960s and 1970s. 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Here is the uncomfortable reality:1.Our system of public education is one of the\u2026","rel":"","context":"In &quot;Interests&quot;","block_context":{"text":"Interests","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/interests\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5347,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/28\/sweden-paper-august-2012-pdf-applicationpdf-object\/","url_meta":{"origin":8586,"position":1},"title":"Sweden: Failure of the welfare state experiment","author":"Colin Twiggs","date":"August 28, 2012","format":false,"excerpt":".....Sweden has a large welfare state and is successful. This is often seen as a proof that a \u2018third way\u2019 policy between socialism and capitalism works well, and that other nations can reach the same favourable social outcomes by simply expanding the size of government. If one studies Swedish history\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6735,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/17\/sweden-has-reformed-its-welfare-state-to-deliver-both-efficiency-and-equity-europp\/","url_meta":{"origin":8586,"position":2},"title":"Sweden has reformed its welfare state to deliver both efficiency and equity &#124; EUROPP","author":"Colin Twiggs","date":"February 17, 2013","format":false,"excerpt":"Will Tanner writes: At face value, the Swedish welfare state is an unlikely poster child for sustainable government. In 2011-12, government spending was 53.1 per cent of GDP, paid for by taxes on the average worker of 42.7 per cent. The country\u2019s \u201ccradle to grave\u201d social security system has long\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7891,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/06\/08\/why-sweden-has-riots-cato-institute\/","url_meta":{"origin":8586,"position":3},"title":"Why Sweden Has Riots | Cato Institute","author":"ColinTwiggs","date":"June 8, 2013","format":false,"excerpt":"Johan Norberg explains why Sweden, with the lowest poverty rate (1.2%) in Europe, still experiences riots amongst disaffected, largely immigrant youth in parts of Stockholm: ......there is serious inequality in Sweden, but the divide is not so much between the rich and the poor as between those with jobs and\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10993,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/26\/how-laissez-faire-made-sweden-rich-libertarianism-org\/","url_meta":{"origin":8586,"position":4},"title":"How Laissez-Faire Made Sweden Rich | Libertarianism.org","author":"ColinTwiggs","date":"September 26, 2014","format":false,"excerpt":"From Johan Norberg: ...But in one century, everything was changed. Sweden had the fastest economic and social development that its people had ever experienced, and one of the fastest the world had ever seen. Between 1850 and 1950 the average Swedish income multiplied eightfold, while population doubled. Infant mortality fell\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5576,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/25\/fiscal-consolidation-in-sweden-a-role-model-vox\/","url_meta":{"origin":8586,"position":5},"title":"Fiscal consolidation in Sweden: A role model? &#124; vox","author":"Colin Twiggs","date":"September 25, 2012","format":false,"excerpt":"By Martin Flod\u00e9n, Associate Professor at Stockholm University Fiscal austerity was effective during the Swedish economic crisis, but that insight is not particularly helpful today. Austerity would have been more complicated both economically and politically if it had not been supported by currency depreciation and strong external demand, and crisis\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=8586"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8586\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=8586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=8586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=8586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}