Whenever there’s a discussion of the Nordic nations, I feel conflicted.
I don’t like the punitively high tax rates and socially destructive levels of redistribution in nations such as Denmark, but I also admire the very laissez-faire policies
those countries have when it comes to regulation, trade, and property rights.
Indeed, on those latter issues, it’s worth noting that Nordic nations are more free market-oriented than the United States according to the experts at the Fraser Institute who put together Economic Freedom of the World.
Take the example of Sweden. That country has robust school choice and a partially privatized social security system.
Moreover, Nordic nations in general have lower business tax burdens and investment tax burdens than the United States. And Denmark and Sweden have both taken some modest steps to restrain government spending, so even in the realm of fiscal policy you can find some admirable…
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