In this episode, Rachel performs a brief case study on the welfare state of Finland – the world’s top performer in the World Happiness Index and HDI. She delves into the two pillars – the education and healthcare system which go hand in hand thus building their modern economy. She also discusses how the welfare state of a country’s government is an unfailing investment towards human capital thus boosting the present and future economy and making it sustainable through shocks. Finland is a perfect example of how slow and steady reforms lead to consistently high results.