- Economist Kevin Hassett: "The Scandinavians show that you don't have to have a terrible economy if you have a big welfare state and high taxes."
- Columbia University's Jeffrey Sachs: "A generous social-welfare state is not a road to serfdom but rather to high levels of satisfaction, fairness, economic equality and international competitiveness."
- Former Treasury Secretary Robert Rubin: "I think I would like to move to Denmark."
blogging my (mis)adventures in China between and during bouts of jetlag peppered with random thoughts on investing, strategy and development
Sunday, January 14, 2007
Nice when seen from a Distance
Henrik Rasmussen from Denmark questions Jonathan Cohn of the New Republic who says "It is entirely possible to have a large welfare state, with generous benefits, without choking the economy". Cohn cites the following:
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