Word: swede
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...illustration of the country's uniqueness is the anecdote about a Swedish economist bragging to an Indian of the splendid performance of Sweden's economy. 'How many countrymen do you have?' inquired the Indian. When the Swede replied, the Indian retorted wryly, 'Well, that is what in my country we call a laboratory...
...cost of the social welfare experiment in Sweden's laboratory getting out of hand? Many Swedes think so. To pay for social security, employers must now ante up as much as $38.70 to the state for every $100 in salary they disburse. This is in addition to what businesses must spend for vacations, holidays and sick leaves. The individual Swede also pays for his privileges, in the form of some of the world's highest income taxes; that industrial worker who earns $11,250, for instance, must give the taxman $4,125. Levies on the half-million self...
Died. Charles ("Swede") Risberg, 81, one of eight Chicago White Sox players accused of throwing the 1919 World Series to the Cincinnati Reds in the celebrated "Black Sox" scandal; in Red Bluff, Calif. After the best-of-nine series, which the underdog Reds won 5-3, several White Sox players told a Chicago grand jury that they had intentionally played poorly after gamblers plied them with bribes (up to $10,000) and threatened their families. A trial jury later acquitted eight players, including Shortstop Risberg and Outfielder Joe ("Say it ain't so, Joe") Jackson, of conspiracy charges...
...also should set up the long-discussed computerized "job bank" that would list employment opportunities throughout the nation, and subsidize needy workers who want to move to take distant jobs. In Sweden, the government offers more than 300 courses to retrain the jobless, pays the expenses of an unemployed Swede who travels to look for work, and underwrites his moving bills once he finds a job. The cost is high: more than 5% of the Swedish budget. But the payoff is impressive: Swedish unemployment has consistently been well below that...
...Swede Nelson himself, from whom the Award takes its name, lavishly praised Harvard's quarterback. "He has the kind of greatness and kindness given only to a rare few," Nelson said Saturday, concluding that Stoeckel is "a distinguished scholar, a great American, and a distinct success as a human being...