Thursday, August 25, 2005

Modern Finland

"Finnish authorities know how much everyone earns, and they pro-rate traffic fines depending on the wealth of the malefactor. Last year the 27-year-old heir to a local sausage fortune was fined 170,000 euros, about $204,000 at the time of the fine, for driving at 50 miles per hour in a 25 mph zone in downtown Helsinki.
...
Finnish students have become the best in the world, as measured by an internationally administered exam that assesses the educational progress of 15-year-olds in all the industrial countries.
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Finns pay considerably higher taxes -- nearly half their national income is taken in taxes, while Americans pay about 30 percent on average to federal, state and local governments.
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Groupthink seems to be fine with most Finns; conformity is the norm, risk-taking is avoided -- a problem now, when entrepreneurs are so needed. I was bothered by a sense of entitlement among many Finns, especially younger people."

Read the entire story here.

Read the entire series about Finland here.

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