“[…] Markus Jäntti, a Finnish economist at the University of Helsinki, who with his colleagues looked at inherited disadvantage—in other words, how much worse your chances are for success if you’re born into a low-income family. They found that in the United States, 40 percent of men who were born into the lowest income bracket stayed in it. In the Nordic countries, that figure was only 25 percent. […] America is no longer the land of opportunity, northern Europe is. This is the reality that led the British Labour Party leader Ed Miliband to make his surprising statement in 2012: “If you want the American dream, go to Finland.””

— Anu Partanen

Source: The Nordic Theory of Everything, Chapter 7

Adopted from Wikiquote. Last update June 3, 2021. History

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Anu Partanen 12

journalist 1975

Harvey S. Rosen (1949) American economist

Source: Public Finance - International Edition - Sixth Edition, Chapter 16, Personal Taxation and Behavior, p. 373

“Finns live in smaller homes than Americans and consume a lot less. They spend relatively little on national defense, though they still have universal male conscription, and it is popular. Their per capita national income is about 30 percent lower than ours. Private consumption of goods and services represents about 52 percent of Finland's economy, and 71 percent of the United States'. Finns pay considerably higher taxes — nearly half their income — while Americans pay about 30 percent on average to federal, state and local governments.”

Robert G. Kaiser (1943) American journalist

2000s, "Why can't we be more like Finland?" (2005)

“Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U. S. is now 45 percent socialist.”

Milton Friedman (1912–2006) American economist, statistician, and writer

Article "We Have Socialism, Q.E.D." http://www.sangam.org/taraki/articles/2006/11-25_Friedman_MGR.php?uid=2075 in The New York Times (31 December 1989)

“Both of these measures were on the side of increasing spendable income, though unfortunately they were largely without effect. The tax reductions were negligible except in the higher income brackets; businessmen who promised to maintain investment and wages, in accordance with a well-understood convention, considered the promise binding only for the period within which it was not financially disadvantageous to do so.”

John Kenneth Galbraith book The Great Crash, 1929

Chapter IX https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929, Cause and Consequence, Section V, p 183
The Great Crash, 1929 (1954 and 1997 https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929)

“Everyone recognized that only five percent of all the people born ever amount to anything at all. Everyone humbly thanked his providential stars that through his own personal efforts and merit he had become one of the superior five percent. Everyone looked with pity and contempt upon the ninety-five percent who did not share his grace.”

Mark Clifton book They'd Rather Be Right

Source: They'd Rather Be Right (1954), p. 175.

“Eighty percent of married men cheat in America. The rest cheat in Europe.”

Jackie Mason (1931) American rabbi and comedian

Quoted in [Bill, Maxwell, In gloomy times, let's try to find a sense of humor, http://www.sptimes.com/2002/07/07/Columns/In_gloomy_times__let_.shtml, 2002-07-07, 2008-10-04, St. Petersburg Times]