As a country, Sweden is known for its generous social system and high taxes. At one point, it even served as an inspiration for Slovak Prime Minister Robert Fico. By the mid-1990s, however, Sweden’s ...

The Royal Swedish Academy of Sciences on Monday awarded the Nobel Memorial Prize in Economic Sciences to Northwestern University professor and Reason contributor Joel Mokyr "for having identified the ...

An upturn by Sweden’s sluggish economy in the second quarter trailed expectations by its central bank, appearing too weak to fully close the door on further interest-rate cuts this year. Gross ...

Sweden’s central bank lowered its key interest rate and signaled that borrowing costs could be lowered again next year to support the stuttering economy. The Riksbank cut its key interest rate by a ...

— -- As U.S. officials hunt for solutions to what many economists are calling the most serious financial crisis since the Depression, they might draw lessons from another painful and costly ...

Sweden’s renewed drive to expand nuclear power is rooted in its determination to balance economic growth with ambitious climate goals, Deputy Prime Minister and Energy Minister Ebba Busch said ...

Joel Mokyr, Philippe Aghion and Peter Howitt have won the Nobel memorial prize in economics for explaining innovation-driven economic growth. They focus on the concept of creative destruction, where n ...

The Nobel Memorial Prize in Economic Sciences is presented to Joel Mokyr, Philippe Aghion, and Peter Howitt. | Anders Wiklund/ZUMAPRESS/Newscom The Royal Swedish Academy of Sciences on Monday awarded ...