Thursday, March 05, 2009

Let Those Banks Fail!

Those who argue for temporary government ownership point to Sweden as an example of successful nationalization in the 1990s. I asked Fredrik Erixon, a Swedish economist who directs the European Center for International Political Economy, if he agrees. “Swedish policy,” he responded, “had little to do with nationalization: No more than 15 percent

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3-10-2025

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