Today(June 1, 2017), we visited the world’s oldest central bank, Riksbank, which was established in 1668. The motto of the Bank is Hinc robur et securitas, which is Latin for “Herefore strength and safety” Riksbank introduced and has maintained negative interest rates because the recession of Euro Zone lasted and ECB (European Central Bank)’s quantitative […]
The Stress on the Press
Posted on June 1, 2017 Written by
In 1766, Sweden’s Freedom of Press Act became the world’s first law supporting the freedom of speech. With the abolishment of censorship and a lack of restriction came the rise of the publication of newspapers with new, important content. How, then, following the same analytical trend of previous posts, did this historical accomplishment promote innovation […]
Swedish Lapland: Little but Fierce
Posted on June 1, 2017 Written by
Piteå Population: 42,000 Our class was fortunate enough to visit a few companies during our stay in Norrbotten and so we started off our tour with the only tannery in the world that utilizes spruce bark to color their leather products, Bōle. Bōle has passed down the company business and production traditions generation after generation which was […]
Välkommen till Norrbotten
Posted on May 31, 2017 Written by
Grassroots. A look into a bottom-up mentality. Power begins with the people. It begins with you. Interaction the precursor, conflict the catalyst, with common purpose providing direction. A unified drive towards growth – sustainable and social as a wildebeest, deep in fervor – manic in its determination. It begins with the people. So let us […]
Trust and Technology
Posted on May 31, 2017 Written by
The US population’s trust in the government has declined from 75% in 1960 to 19% in 2015. The Vietnam war, the Watergate scandal, Edward Snowden, the war in Iraq and Afghanistan, the ever-increasing level of debt, and the 2008 financial crisis are a few of the many potential explanations for Americans’ mistrust of the government. […]
Start-ups in Sweden
Posted on May 31, 2017 Written by
I am working in a government-invested company. The company is in a nearly monopoly status, and is considered as a very stable and non-risky company. I am also accustomed to the stable circumstances on working in the company for about ten years. However, I am awakened to the entrepreneurship spirit today in Swedish small […]
The most impressive facts in Sweden
Posted on May 30, 2017 Written by
Differences: Today, we met the mayor of Lulea and learned some interesting things about Lulea. The cross-cultural differences are totally different from U.S. Each year, during July to August, everyone has a summer vacation and all industries are shut down for 1 month due to the best weather of the year, the summer time. In […]
Preservation and Innovation
Posted on May 29, 2017 Written by
Walking through Stockholm, the center of one of the most innovative cultures in the world, I was surprised to see the impeccable preservation of the buildings and the historical landmarks. Old Town Stockholm’s narrow cobblestone streets took me back to the 16th century, and the cafés and shops lining the streets embraced their history while […]
Välkommen till Stockholm
Posted on May 29, 2017 Written by
Written by Jaisinghani & Naidoo Welcome to Stockholm: a history of mercantile tact wrought with a weathered spirit, a deep pride and communal values. We the people. Built on timber, German merchants set the stone – their trade facilitating its perpetuation; its growth a reflection of the people’s spirit: one of enterprise. However, business is […]
The special experience in Scandinavia
Posted on May 28, 2017 Written by
The special experience in Scandinavia Chienwen Fang This is my first time to have a trip to Europe. It is kind of step out my comfort zone so that I felt super exciting and a little bit anxious about it. I decide to buy the plane tickets two days earlier than the travel course with […]
