Thread by @aClassicLiberal, Twitter has become like Scandinavian culture of yore. The Iron Law of [...]

Twitter has become like Scandinavian culture of yore. The Iron Law of Envy, the Law of Jante demanding 100% conformity not only in behavior and speech but in thoughts to, creating the thing I fear the most: a self-righteous virtuesignaling consensusculture http://bit.ly/2CnxLXC

I grew up in Sweden which many US liberals saw as the end of their vision. A progressive society. What they didn't see is that a ultra-conformist ppl need no laws to conform to norms so the laws can seemingly be very lax and its very easy to manipulate norms, everybody follows.

"parsimony, modesty, disapproval of individualism or elitism—still define the manner in which [they] behave toward one another and view the rest of the world" "being ruled by pettiness, envy, backbiting, gossip, inverted snobbery, and small-mindedness" http://bit.ly/2HeWFeS

The followers of Law of Jante stayed. "How America made Scandinavian social democracy possible": 25 % of population of Norway & Sweden left, changing character of Norwegian & Swedish society by removing the most ambitious and independently-minded people. https://on.ft.com/2KnHyk0

A documentary about Sweden, on it's outlier values and the difficulties migrants with other values have integrating. 30 leading intellectuals interviewed. "A Swedish Elephant - Sweden 2030" (English Subtitles). http://bit.ly/2wqF5gq

"Scandinavian Unexceptionalism: Culture, Markets and the Failure of Third-Way Socialism". New research debunks the myth that high taxes and a large welfare state are responsible for the success of the Nordic region http://bit.ly/2PHn2hG

#HighTaxWelfarestate didn't create the good living standard "Debunking Utopia-Exposing the Myth of Nordic Socialism" http://bit.ly/2a7XXFk

What Alexandra Ocasio Cortez doesn't understand when she lauds Sweden. Her Democratic Socialist policies wrecked it in 1970-80s. "Neoliberal" reforms in the 90s made it what it is today.
"Twenty five years of Swedish Reforms" http://bit.ly/2cYDYOb

From one of the poorest countries in Europe to the fourth richest, behind only the US, Switzerland and Denmark. "How Laissez-Faire Made Sweden Rich [1850-1950]" - @johanknorberg http://bit.ly/19FikTD

Sweden ahead of US in wealth inequality seems counterintuitive but it's because high taxes protects the already wealthy, stops entrepreneurs. Aristocrats own 10% of wealth despite being only 0.2% of population. Has special tax carveouts. http://bit.ly/2gZYUWa

Jesper Roine and Daniel Waldenström: Sweden Ahead of U.S. in Inequality

http://bit.ly/2gZYUWa

How massmigration made Scandinavian Thirdway socialism possible, the individualists left.
"Those Who Stayed: Individualism, Self-Selection and
Cultural Change during the Age of Mass Migration" - @ASBeckKnudsen http://bit.ly/2DrIS1d
h/t @post_liberal

"Maybe those [Scandinavian] nations wouldn’t have dramatically expanded their welfare states starting in the 1960s, thus dampening economic growth", @danieljmitchell in
"Did Migration to America Make Scandinavia More Collectivist?" http://bit.ly/2UbvCmF

A new paper shows that places in the United States inhabited by European descendants exhibit similar levels of income inequality and intergenerational mobility as the European countries their forebears emigrated from. http://bit.ly/2TjuX71

OECD's household gross adjusted in USD per capita at current prices & PPPs disposable income stat that accounts for transfers like public education, health care, pensions, etc.
- US $47,801
- Norway $36,436
- Sweden $32,333
- Denmark $31,573 http://bit.ly/2JHmwOq HT @johnmoz

Household accounts - Household disposable income - OECD Data

Find, compare and share OECD data by indicator.

http://bit.ly/2JHmwOq

"New research suggests that the American Dream isn’t alive in Scandinavia" http://theatln.tc/2xr56uw

Sweden head of US in wealth inequality. http://bit.ly/2gZYUWa

Scandinavian income inequality a chimera, income hidden in corporations http://bit.ly/2hbnMKo

The American Dream Isn’t Alive in Denmark

New research suggests that the American dream isn’t alive in Scandinavia—but generous redistribution of wealth isn’t a terrible consolation prize.

http://theatln.tc/2xr56uw

"Email from a country in denial":
"There’s a palpable element of Protestant moralism about Swedish society, though devoid of its theological content, and the people to whom I’ve spoken seem genuinely worried about being anathematized by their peers." http://bit.ly/2YwnjVr

"The Rise, Fall and Revival of the Swedish Welfare State: What are the Policy Lessons from Sweden?
http://bit.ly/2S6bXrS
Blog "Capitalist Welfare State"" http://bit.ly/2UEusAA

The Rehn-Meidners model. The blueprint for Bernie Sanders workers funds. "The Radical Reformist" http://bit.ly/2plWC5h

The Radical Reformist

Swedish labor economist Rudolf Meidner spent his career pushing radical reforms that would shift power from business to workers.

http://bit.ly/2plWC5h

In Sweden rent control is a disaster. In Stockholm inner city 90% of rent controlled apartments are leased by top 10 percenters. To get an apartment via govt housing agency in inner city takes +30 years, in exurbs +10 years. Swedish study on rent controls: http://bit.ly/3apdtda

Rent controls: How they damage the housing market, the economy and society

Rent controls are now being discussed in cities like Berlin, London, and New York. Sweden has had rent controls since 1942. There are at least nine reasons why the Swedish experience should serve as...

http://bit.ly/3apdtda

Sweden reformed its tax code 1990. Cut taxes 6% of GDP (Reagan 2%), cut the differentiated marginal tax rate (highest 45%, US today 38%) to 20%. Tax revenue increased, growth and entrepreneurial activity exploded. Zero entrepreneurs <1990, now a tech hub. http://bit.ly/2iJX1L9

You can follow @aClassicLiberal.

Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: