Do open borders work? Today we debunk one of the more common modern myths that closed borders are better. We take a look at the century long success story of the Swiss border.

Sweden and Switzerland bear many uncanny similarities: populations virtually identical GDPs and, logically analogous GDP per capita); Switzerland has a free-floating Franc, while Sweden’s currency is technically a managed float. Likewise, the two share diversified economies with similar principal industries and exports. So what's the big difference?