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Tag Archives: Sweden

IPA’s weekly links

Fertility for Income around the world, from Lyman StoneA new report (if you can ignore the overblown headline) looks at the massive Millennium Villages project, promoted by economist Jeffrey Sachs. It spent a *lot* in Ghana (a budget of $27 Million from a variety of sources, including local government and communities) on economic makeovers of selected locales, but did not have an overall effect on poverty, hunger, or many of the other outcomes it set out to improve. Full report here.The...

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Lars P. Syll — My finest hour

Fifteen years ago, Swedish citizens were asked if they wanted to join the eurozone. Of the more than 80 % of registered voters participating in the referendum close to 57 % said NO. Yours truly — unlike the ‘usual suspects’ among establishment economists — participated​ actively in the fight against the euro — and it’s still something I’m immensely proud of.... Lars P. Syll’s BlogMy finest hourLars P. Syll | Professor, Malmo University

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Poverty, Crime and Causality

I was bouncing around my twitter feed and landed on this tweet which in turn took me to a paper entiteld Childhood family income, adolescent violent criminality and substance misuse: quasi-experimental total population study. The paper appeared in the British Journal of Psychiatry in 2014. Here’s the basic summary: Background Low socioeconomic status in childhood is a well-known predictor of subsequent criminal and substance misuse behaviours but the causal...

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The Great Scandinavian Divergence

From @MineforNothing on Twitter comes this chart: Now, we know Finland is in a bit of a mess. A series of nasty supply-side shocks has devastated the economy. When Nokia collapsed in the wake of the 2007-8 financial crisis, ripping a huge hole in the country's GDP, the government responded with substantial fiscal support. This wrecked its formerly virtuous fiscal position: it switched from a 6% budget surplus to a 4% deficit in one year, and although its deficit has improved slightly since,...

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