This open access book examines the challenges and issues caused by a move to a marketized education system in Sweden. Observing the introduction of the school voucher system and a postmodern social constructivist view of knowledge, the move away from objective knowledge is identified as the core reason for Sweden’s current education crisis. The impact of declining education standards on the labor market is also discussed.

This book highlights the issues seen in Sweden and suggests policies that can improve education in the rest of the Western world as well. It will be relevant to students and researchers interested in education and labor economics. 

Magnus Henrekson is Professor and Senior Research Fellow at the Research Institute of Industrial Economics. He was previously Professor of Economics at the Stockholm School of Economics and president of the IFN.

Johan Wennström received his Ph.D. in Political Science in 2019 and works as a Research Fellow at the Research Institute of Industrial Economics.