Quarterly Journal of Austrian Economics
Review of Sweden and the Revival of the Capitalist Welfare State by Andreas Bergh
Volume 18, Number 1 (Spring 2015)
Sweden and the Revival of the Capitalist Welfare State is the third updated (and first English) edition of Andreas Bergh’s well-researched book on the rise, fall, and return of the world-renowned Swedish welfare state. The work importantly traces the origins of the Swedish wonder, in which Sweden rose from being one of Europe’s very poorest to being the world’s fourth richest country in a period of 100 years. Bergh further discusses how this trend came to a halt and, in this third edition, analyzes how Sweden rediscovered its previous path and remained financially strong through the recent financial crisis.