At LewRockwell.com, Nima Sanandaji wrote an article about the well-known Swedish system (link). The author emphasized Sweden's unparalelled increase in prosperity between 1890 and 1970 and a lingering economic performance from 1970s onwards. In 1970, Sweden was the fourth wealthiest country in the world. After 1970, the Swedish system turned into troubles, having left a painful effect which ended in early 1990s when Swedish economy slid into a disastrous recession.
To browse the posts on this blog about Sweden, click here.