Abstract
Henrekson and Hultkrantz (2024) present arguments based on their own study on whether Swedish doctoral programs sufficiently consider the needs of Swedish society. Their main conclusion is that students with a Swedish undergraduate education are less likely to pursue a doctoral education and are often outcompeted by foreign applicants. They argue that this could lead to a shortage of doctors with sufficient knowledge of the Swedish language and Swedish conditions, in relation to domestic demand. According to the authors, this situation should prompt a discussion about whether today's doctoral education truly meets the needs of the Swedish society that finances it. My analysis questions their conclusion by highlighting the fact that a significant proportion of doctoral students in financial economics with a foreign background actually remain in Sweden after their dissertation.