Earlier quoted context omitted.
The Nordic countries are actually the easiest place in the world to earn at least 30 million dollars (or become billionaire for that case) exactly because of the welfare system: https://youtu.be/A9UmdY0E8hU When you don’t have to struggle for a living, you’re more free to take risks and start your own business. Workers accept disruptive innovation and being let go, knowing that the state will help them reskill if nec…
Nah I think something else is at play, as to why so many millionaires are in Switzerland. https://en.m.wikipedia.org/wiki/List_of_countries_by_number_... USA demolishing most everyone else, as you'd expect if you own what you create. Almost 10% of 400 million people are millionaires in the USA! Insanely productive all things considered. Also kind of shockingly the USA has the most progressive tax system, I believe --…
The number of millionaires is poor proxy metric for productivity, because of inheritance for instance.