AN ALTERNATIVE EXPLANATION FOR SCANDINAVIAN SUPERIORITY? Is there an alternative explanation for the success of the Scandinavian model? There are, I believe, a number of high tax, high social welfare states and Sachs does not include them in the comparison. There are an enormous number of articles arguing that the countries in the Anglosphere have been unusually successful. I would venture that a similar ethnocentric explanation might apply here. The Scandinavians would have achieved notable success whichever institutions they adopted. Scandinavians may also be happier than others. See today’s related post.
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Hmm, I suppose the Vikings were pretty happy–and definitely successful at what they did–back when they were exploring and pillaging. I doubt they had a social welfare system back then.
What are the appropriate measures of “success?” That is at the essence of the Sachs article?