What Happens to Norway Without Oil Income?

There is a common perception that Norway as we know it today is unsustainable and will radically change once oil runs out. But is that true?

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The Purpose of Exports

What Happens When There is a Trade Imbalance?

Getting the Facts About Norwegian Economy Right

How To Replace Oil Exports

757.9 - 914.7 × (1 - 0.33) = 145

The Oil Fund to the Rescue

This Sounds Too Good to Be True!

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You don’t see a lot of gold plated luxury cars in Norway, because that is not how Norway spends its oil wealth.

How Norway Spends Money

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A Norwegian “barnehage”. A pre-school / day-care in Norway for children from 1 to 6 years old. Norway likes to spend resources of creating good environments for children.
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Images from Halden prison in Norway. The worlds most humane prison.

Conservative Intolerance of Norwegian Success

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The Oklahoma oil boom has left public finances in ruins and teacher fleeing the state. Freewheeling capitalism combined with an oil boom is a toxic mix best avoided.
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Margaret Thatcher used north sea oil revenue to break the unions and give tax breaks to the rich.

Written by

Geek dad, living in Oslo, Norway with passion for UX, Julia programming, science, teaching, reading and writing.

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