How can advanced democracies modernize their economies and reform their welfare states? Drawing on the successful experiences of Sweden and Australia, Nils Karlson will explain the ways in which competing political parties can promote more dynamic economies and more flexible and open societies. He will discuss how distinct reform strategies, the development of new ideas, and policy entrepreneurship can overcome barriers to reform. John Samples will discuss the book’s relevance to the rise of populism, overregulation, chronic budget deficits, and other features of many modern welfare states.