Ep. 6 Enough About Denmark Already: Here’s What Krugman and Sanders Left Out

23 October 2015     |     Tom Woods     |     38

Is Denmark a good model for the United States? Krugman thinks so, and claims the large welfare state there, combined with that country’s prosperity, disproves free-market claims about the impoverishing effects of heavy government spending and intervention. To make his case, Krugman has to contradict his own textbook from six years ago. It isn’t pretty, folks.

Krugman Column

Something Not Rotten in Denmark” (Oct 19, 2015)

Contra Columns

Casey Mulligan and John Cochrane Crystallize My Angst on CBO ObamaCare Jobs Estimate,” by Bob Murphy
Paul Krugman’s Intellectual Dishonesty: Unemployment Benefits,” by Jeremy R. Hammond
Danes Rethink a Welfare State Ample to a Fault,” New York Times, April 20, 2013
Krugman and Blinder: Welcome to the Supply Side,” by David Henderson

Denmark Data Discussed (Click to Enlarge)

Absolute Govt Expenditures Denmark

Deficit

Denmark expenditures

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