It might be so that there's a lot of clever Swedes living in London, but as far as I know Stockholm has a rather strong entrepreneurial scene. In my view, the main reasons why a Swedish entrepreneur wouldn't settle in Sweden is because of the high expenses when it comes to housing and consumption; not because of a high tax rate or other directly politically controlled factors per se.
Swedish entrepreneurs get many things in return as well. First of all, because the government covers most of the financing of studies, they don't get out of university with a significant study debt. This is great, because debt inhibits taking risks (i.e. becoming an entrepreneur.) Also, where most startups fail, an 'unfortunate' Swedish entrepreneur has a decent safety net he can count on.
Providing the example that Sweden is cutting on its government expenditure, in order to convince readers of the idea that small government is good is just wrong. Due to the differences in welfare state, a baby born in Sweden has a much greater probability of having good prospects than a baby born in the US or the UK.
Yes, more or less. People who care about tax go to Malta. There's also a lot of Swedish entrepreneurs in Berlin and I'm not sure taxes are much lower there, but rents are.
Swedish entrepreneurs get many things in return as well. First of all, because the government covers most of the financing of studies, they don't get out of university with a significant study debt. This is great, because debt inhibits taking risks (i.e. becoming an entrepreneur.) Also, where most startups fail, an 'unfortunate' Swedish entrepreneur has a decent safety net he can count on.
Providing the example that Sweden is cutting on its government expenditure, in order to convince readers of the idea that small government is good is just wrong. Due to the differences in welfare state, a baby born in Sweden has a much greater probability of having good prospects than a baby born in the US or the UK.