No mortality difference between Sweden and Norway, but Norway result came at huge cost

An important study (preprint at time of this post) shows similar mortality rates in Sweden and Norway despite different national responses to the Covid19 virus. But critically, Sweden’s mortality outcome came at a much cheaper economic cost.
Despite an order of magnitude difference in case-fatality rates in Sweden (higher) compared to Norway, the two countries had very similar overall mortality profiles.
There was a big difference though in national costs. Norway’s more restrictive policies resulting in public spending 2.6-fold more than Sweden (Norway: 4,176 Euros per person & Sweden 1,580 per person) during the epidemic.
It also reveals that the spike in mortality in Sweden which had caused consternation, and some unfortunate glee among pro-lockdown observers, was most likely due to ‘displaced mortality’ from low mortality in earlier seasons. Norway had no overall mortality spike.