Dead Wrong® with Johan Norberg – Did the Washington Consensus Fail? (VIDEO)

In the 1980s and 90s, liberal economic reforms in Africa and Latin America were supposed to help decrease poverty and increase growth. However, research up to 1998 was not promising for the impact of these reforms. In fact, it showed that there was almost no improvement over almost 20 years. But patience is a virtue for a reason. It turns out that liberal reforms actually do have an impact, and now Johan Norberg explains what these reforms actually did for poor countries.
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Dead Wrong® with Johan Norberg – How Sweden Got Rich – and Almost Poor (VIDEO)

Sweden, what a great nation! Where no one is poor and everybody’s healthy. We’ve squared the circle. We prove that big government can result in great prosperity. Dead Wrong®. It’s been a popular talking point lately, but see what increased government intervention really did to Sweden’s economy from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.

 

 

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