The Uncertain Future

The Uncertain Future

Steven Kelman

Few Americans, even those who know a bit about Sweden, have ever heard of the Swedish economist, Gosta Rehn. Nor have they heard of the so-called Rehn model named after him. But understanding the controversial Rehn model is crucial to understanding where Sweden has come from and where it may be going. First, the Rehn model of the economy has embodied Sweden's recipe for combining economic growth with in-creased wage equality-and full employment with controlled inflation. It has also illustrated t...

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