Once again, lots of broken eggs but no Swedish omelette. Nobody today thinks Sweden produced much of a model for anyone to emulate. Planners everywhere thought Tito had found the Promised Land through a kind of decentralized central planning. A Yugoslavian omelette has yet to appear on the menu of nations and recent events suggest it never will. Nowhere in the world has the socialist impulse produced an omelette.
People worse off than before, impoverished and looking elsewhere for answers and escape.
Not so for those of us who believe in freedom and free markets. In contrast, no country with a persistently low rating was able to achieve even middle income status . . . . The countries with the largest increases in economic freedom during the period achieved impressive growth rates. Socialism does not. It is as simple as that.