Though socialist in their proclivity,
The American view
That the government crimps productivity.
Stability helps to ensure
That the av'rage norsk entreprenør
Will see, in their tax,
Not "a weight on our backs,"
But a price that one gets service før.
The bible of American entrepreneurship, Inc Magazine, goes against the grain of US business thinking with a thoughtful look at Norway, where "Startups Say Ja to Socialism." Challenging the view that lower taxes mean more economic growth, author Max Chafkin looks for the factors underpinning Norway's higher rate of growth and entrepreneurship in comparison to the United States. As against America's more service-oriented, "can-do" business culture, Scandinavians enjoy the benefits of a more stable, low-risk environment fostered by good-quality healthcare and education as well as pensions paid by the government. Conclusion: it's not what you pay; it's the value you get in return.
Hat tip (and happy birthday!) to my good friend Michael Griffiths.