Those countries have the opposite of that austrianism prescribes: high taxes a lot of regulations and burocracy then how come they performed good?

North sea oil boom. And they are among the most free market capitalist countries in the world. Looking for an example of socialism? Try Haiti.

Good is relative to who, where and when, I doubt the Swedes felt things were good when their benevolent country made the highest marginal tax rate 100% and almost destroyed the economy. But to your point. The reason why the “More Free Market” countries like USA, Canada, Australia, etc are about the…

… the USA and UK in particular are digging themselves deeper into a socialist trap Sorry what? The UK has spent the last 30 years moving more and more over to the right. We are as far away from what you call ‘socialism’ than we have ever been.

That is just incorrect, Government debt in the UK has continued to rise since the second world war and it has been exponential. I would say there are more regulations and taxes and laws than there has ever been. Business is more restricted now that it has ever been. Even today they want to continue…

They are not socialist. They are social market economies. There is a difference.

Government debt in the UK has continued to rise since the second world war and it has been exponential Firstly and most importantly, Socialism is not defined as high government debt. Secondly, debt has not increased since WW2 - it has substantially decreased . I would say there are more regulations…

If the therapeutic-managerial nanny state of Blair, Brown and the rest of the New Labour bunch is a move to the right from Margaret Thatcher, I don’t even want to know what her predecessors must have been like. Not to mention the utterly spineless attitude of David Cameron towards the globalist warm…

I do not believe that a move from Democratic Socialism to Semi-Democratic Police State-Militaristic Fascism constitutes becoming freer. So the UK moved several industries out of full government ownership to semi-private government regulated ownership (Which is positive but not that big of a deal) wh…

Northern Europe countries (Scandinavia) are socialist (very far from austrianism).. then how come they performed good?

Economics Economics Questions

cobracarg May 31, 2011, 9:49am 2

here is a whole thread related to your concern

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European Socialism? Why doesn't it work? Economics Questions	9	11144	December 15, 2008
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Norway is waking up! Current Events	17	7294	July 21, 2011
The Myth of Scandinavian Socialism Economics Questions socialism , finland , welfare-state , sweden , european-socialism	452	245680	October 23, 2012
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Northern Europe countries (Scandinavia) are socialist (very far from austrianism).. then how come they performed good?

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