The Swedish word "Lagom" translates to "just the right amount," as in moderation, balance.
It may be related to the article, and surely accounts for our Scandinavian cousins acceptance of modern mixed economy socialism.
Yes, I was wondering about Northern Europeans and Scands while reading this. They were big time capitalists - trading, looting, and otherwise actively acquiring gold and silver. But, I guess the Church tamed them and drove that sort of initiative out of them.
From The Wanderer:
He who has tried it knows
how cruel is
sorrow as a companion
to the one who has few
beloved friends:
32a the path of exile (wræclast) holds him,
not at all twisted gold,
a frozen spirit,
not the bounty of the earth.
He remembers hall-warriors
and the giving of treasure
How in youth his lord (gold-friend)
accustomed him
36a to the feasting.
All the joy has died!