Scandinavia’s Third Way Policies Killed Entrepreneurship and Growth

Nima Sanandaji states in Insider that policies did steer sharply to the left during the late 1960s in Sweden. He refers to research by Magnus Henrekson, IFN, who "has concluded that the effective marginal tax rate (marginal tax plus the effect of inflation) that was levied on Swedish businesses at times reached more than 100 percent of their profits".