April 26, 2019

DANIEL MITCHELL EXPLAINS Why Denmark Isn’t Socialist.

I’ve repeatedly dealt with the argument over Denmark’s supposed socialism.

My core argument is that Denmark is very bad on fiscal policy, but very laissez-faire on other issues such as regulation. The net effect is that Danes have about the same amount of economic liberty as Americans.

The bottom line is that Denmark isn’t socialist. At least not if we use the technical definition. There’s plenty of bad policy, but no government ownership, no central planning, and no price controls.

More at the link.

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