Social Welfare

Denmark / The Danish record offers no support for the social-spending-hurts-growth position

Danes are neither lazy nor poor. Despite high marginal tax rates (or perhaps because of them) they are about as rich, on average, as Americans are. The World Bank estimates that gross domestic product per capita in Denmark for the 2008-12 period at $59,889, compared with $48,112 for the United States. Adjusted for differences in … Continue reading →