The US is more wealthy. Moreover, perhaps Norway is wealthier because of its sup...

cdoxsey · on June 23, 2018

Norway is wealthy because of oil: https://en.m.wikipedia.org/wiki/Government_Pension_Fund_of_N...

dnh44 · on June 23, 2018

Lots of countries have abundant natural resources. Most of those resources are exploited by private interests though.

dd36 · on June 23, 2018

I said wealthier. And yes, as other state, the US had and has significantly more natural resources per capita.

gaius · on June 23, 2018

Norway is wealthy because of oil

Right; you wouldn't compare Norway to the entire US, you'd compare it to Alaska.

People forget this about the US. You wouldn't compare "California" to "the EU" because that wouldn't make sense.

wutbrodo · on June 23, 2018

I'm a fairly strong believer in the second-order positive economic effects of social programs, but in the case of Norway, it's wealth is much more directly attributable to resource wealth in a first-world region.