By: ThomasGrennes
Sweden made major reforms in fiscal policy following their earlier banking crisis. They have sought and achieved a small surplus in their budget over the business cycle. The realized budget was in...
View ArticleBy: 10 Thursday PM Reads | The Big Picture
[...] afternoon train reads: • Lessons from Sweden in Assembling a Recovery (Economitor) • Cognitive researchers find truth in Colbert’s ‘truthiness’ (Raw Story) • Hard to [...]
View ArticleBy: Interesting Weekend Readings | BoundaryEdge
[...] Lessons from Sweden in assembling a recovery (Economonitor) [...]
View ArticleBy: DiranM
Grennes makes a composition fallacy comparing the US, Sweden and the EU in the same basket when in fact they are three very different cases. The US and Sweden are countries with national identity and...
View ArticleBy: Hepion
Sweden has current account surplus and budget surplus Britain has current account deficit and budged deficit. It is not accident that these are correlated. In fact, budged deficits "fund" CA deficits,...
View ArticleBy: ThomasGrennes
Relative to DiranM: Yes, the EU is not a country, and making collective decisions is more complex. The experience of Sweden is not a perfect match for the EU, but it has some relevance. Sweden...
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