Which social democracy is better?
Don Arthur and Jason Soon have fired up a discussion about the difference between the American system (free-markets and low tax) and the Nordic system (high tax and a comfortable safety net). Proponents of bigger government often point to the Nordic countries as evidence that big government works well, which is exactly what Jeffrey Sachs did recently. This seems to run counter to libertarian intuition and evidence from the rest of the world, so it is worth exploring in more detail.
Milton Friedman dies, aged 94
One of the greatest thinkers and the most articulate defender of freedom in the twentieth century has died.
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