
Is Sweden Socialist? | IEA Podcast
IEA Podcast
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The History of Sweden's First Private Company
Sweden was key to banking, printing the first credit notes in Europe. A Swedish author beat Adam Smith to the punch on the world for nations. The idea of open trade and exchange must have come from pre-existing institutions or ideas floating around Sweden. Evolves into modern Western capitalism which is just a more modern advanced version of Eastern capitalism.
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