The lessons to draw from the Danish model are clear, even if they're not the ones Bernie Sanders would like us to draw. The Danes benefited from low taxes in order to get rich, and they remain fairly well-off thanks to a light regulatory touch, but their extensive welfare state is not the great success it's cracked up to be.
It happens every four years.The United States holds a presidential election -- and many of its citizens claim they will move to Canada if one of the contenders is elected. This year, with the advent of people like Donald Trump and Ted Cruz on the right (and Democrats Bernie Sanders and Hillary Clinton on the left), these mutterings have become increasingly louder.
There are many things to say about the varied causes and potential effects of inequality. But one oft-neglected question that's worth asking is: Do people generally have an accurate picture of the level of inequality that exists in their countries? The short answer, according to a recent paper from the Institute for the Study of Labor, is that they do not. In Misperceiving Inequality, researchers Vladimir Gimpelson and Daniel Treisman note, first of all, that only 29 per cent of respondents across 40 countries were able to identify which of five diagrams best characterized income distribution in their societies--which is not much more accurate than random chance.
There's something about Bernie Sanders that appeals to me. I figure that any American who's a self-described socialist and yet a twice-elected senator must have something going for him. So I took a closer look at his positions on the issues of the day and found that basically Bernie is America's Canadian candidate.
Bernie Sanders, an Independent Senator from Vermont, is challenging Hillary Clinton for the Democratic presidential nomination. He is a fighter, a politician of conviction who is not afraid to defy convention. Could an honest guy shake up the system? Is there a place for a politician who genuinely cares?