Free Markets and Europe
When you hear left wing politicians like Bernie Sanders and Hillary Clinton argue for policies that require forced transfers of wealth (high taxes with generous welfare programs), they often cite European nations as countries which have succeeded with these types of policies.
Do these countries truly combine the level of regulations, taxes and welfare that many people think, or do they have a broader mix of these policies with free market-friendly stances that many don’t give them credit for? This would make the source of their alleged prosperity less clear.
In this new episode of the Contra Krugman podcast, Tom Woods and Robert Murphy spend time focusing on Denmark, which is regarded as the happiest country in the world. The result is a very insightful discussion that makes you question much of the left’s rhetoric. You can listen to the podcast here:
Here are some other good articles on Europe and economic policy: