The NY Times, but especially its commenters tell us a story about Norway and why it’s doing so well, even in these times of financial crisis. Major lessons are that of course the oil wealth helps, but that also smart use of the money, low inequality of wages and good education are key. The oil we cannot copy, but a lot of the other aspects we can.
About Willem
Willem Boersma was trained as a chemical engineer, works in software development and is interested in new technologies. He believes that the Dow Jones saw three periods of more or less continuous rise in the 20th century. From 1900-1920 because of developments in transportation. From 1945-1965 because of developments in productivity. And from 1985-2000 because of developments in information technology. He is convinced that the next rise will start somewhere around 2015 and will be due to developments in sustainable technology. Until that happens, he is looking for evidence of the opposite.
