Lee Ohanian on Sweden's Experiment with Socialism
Published August 6, 2020
Sweden provides a clear example of the dangers of socialism and the benefits of a free market. Sweden’s socialist experiment, starting in the 1960s, resulted in a major economic downturn. Its return to free-market principles in the 1990s helped its economy grow significantly.
This video’s audio track is excerpted from Lee Ohanian’s Hoover Fellow Talk “The Dangerous and Uniform Shift to Socialism.”
- Listen to “The Dangerous and Uniform Shift to Socialism,” with Lee Ohanian. Available here.
- Watch “What Democratic Socialism Does to Economic Prosperity” with Lee Ohanian, via PolicyEd. Available here.
- Watch “Laboring in Vain: How Regulation Affects Unemployment” with Lee Ohanian, via PolicyEd. Available here.