“Because I am a right-wing liberal who thinks incentives matter more than progressives believe they do, I’d vote for the Singapore/HK low tax model, not the Danish/Swedish high tax model. I was glad to see Hong Kong scored number one in the world in the infrastructure category. So much for Galbraith’s “private wealth, public squalor.” But unlike many right-wingers, I believe the Nordic approach is also pretty successful.”
Passed along by a friend. I suspect part of the reason the Nordic approach works is because of much greater cultural homogeneity, which is very difficult in a country of 300 million people and “diversity” as one of the driving goals (with all of its logical flaws) for the past few decades.
Comments are worth a read.
