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Robert Higgs Discusses Crisis and Leviathan Recorded: Friday, March 28, 2014
Robert Higgs discusses his book 'Crisis and Leviathan: Critical Episodes in the Growth of American Government' at the Ludwig von Mises Institute.
Experts: Robert HiggsType: TelevisionIssues: Bureaucracy and Government, Economic Policy, Free Market Economics, Government Waste/Pork, History (U.S), Political Ideology and Philosophy
Maura McEnaney on the Wade Taylor Radio Show Recorded: Tuesday, February 25, 2014
Maura McEnaney, author of Willard Garvey: An Epic Life, appeared on The Wade Taylor show on wsradio.com. During the hour-long interview, McEnaney talks about her friendship with the Garvey family and how she applied her journalism background to write the biography of the entrepreneur Willard Garvey. Through her personal relationship with the Garvey family, Maura McEnaney captures the spirit of Willard Garvey to give an understanding of the principles that guided him in his personal and professional life.
Experts: Maura McEnaneyType: RadioIssues: Business, Culture/ Society, Free Market Economics
Robert Higgs Presentation at Economic Liberty Lecture Series Recorded: Tuesday, February 18, 2014
Experts: Robert HiggsType: TelevisionIssues: Economic History and Development (U.S.), Economic Policy, Free Market Economics, Political Ideology and Philosophy
David J. Theroux on Price of Business Radio Show Recorded: Tuesday, February 11, 2014
Host Kevin Price and Independent Institute President and Founder David Theroux discuss the topic How to Maintain Liberty in this segment of the Price of Business on KTEK 1110 AM of the Wall Street Radio Network.
Experts: David J. TherouxType: RadioIssues: Culture/ Society, Economic Policy, Free Market Economics, Political Ideology and Philosophy
Sr. Fellow John C. Goodman Testifies in Congressional Hearing Recorded: Wednesday, February 5, 2014
Sr. Fellow John C. Goodman, author of Priceless: Curing the Healthcare Crisis, testified before the House Oversight and Government Reform Committee regarding risk corridorsthe Obamacare program that provides a bailout for insurance companies when premiums dont cover costs. Goodman says insurers will run away from the sick and insure the healthy, in what he calls "A race to the bottom."
Experts: John C. GoodmanType: TelevisionIssues: Free Market Economics, Health Care, Politics, Public Health/ Consumer Protection
Obamacare: Built to Fall Apart Recorded: Thursday, January 30, 2014
Sr. Fellow John R. Graham appeared on the Joy Tiz radio show. Graham talks about the new Healthcare Contract with America, which relies on free market solutions to solve the healthcare crisis. Using examples from the landmark book by Sr. Fellow John C. Goodman, Priceless: Curing the Healthcare Crisis, Graham describes ways in which Americans can take control of their healthcare.
Experts: John R. GrahamType: RadioIssues: Economic Policy, Free Market Economics, Health Care, Political Ideology and Philosophy, Public Health/ Consumer Protection
Is ObamaCare Doomed In Its Current Form? Recorded: Monday, January 27, 2014 Watch the latest video at video.foxbusiness.com
Sr. Fellow and author of Priceless: Curing the Healthcare Crisis, John C. Goodman, appeared on the Lou Dobbs Tonight show on Fox Business News network. Goodman discusses the reasons why Obamacare in its current form, is on a so-called "Death Spiral" and must be replaced with a free market system that eliminates a mandate to purchase insurance.
Experts: John C. GoodmanType: TelevisionIssues: Economic Policy, Free Market Economics, Health Care, Public Health/ Consumer Protection
John C. Goodman on WLS Radio Recorded: Wednesday, January 15, 2014
Sr. Fellow John C. Goodman, author of Priceless: Curing the Healthcare Crisis, appeared on Chicagos WLS radio. In an interview with Bruce Wolf and Dan Proft, Goodman tells listeners why todays healthcare system is in crisis, and how insurers, patients, and healthcare providers can benefit from free-market delivery of care.
Experts: John C. GoodmanType: RadioIssues: Free Market Economics, Health Care, Public Health/ Consumer Protection, Regulation and Deregulation


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Reader comments are listed below. Comments are currently closed and new comments are no longer being accepted.
As a foreigner living in Sweden I can affirm that all this is true. However, the Economist does skimp over the downsides of living in Sweden. It is a dull place, which owes its current success to salaries that are low by international standards. The government still takes an outrageous proportion of even moderate income earners salaries, and there is much less choices of consumer services than would be found in comparable countries. Try finding a restaurant anywhere outside of central Stockholm and you'll soon see.
Well, you might consider a trip to Copenhagen, DEN - the only international capitol of Scandinavia - we have our share of top notch ranked restaurants - as far ad taxing goes the median tax are app. 25-30% after deductions i.e. interest on mortgages etc.
BTw, I am a Danish citzen living in the Oresundsregion on the SWE side
I am sorry but you must on public support or something like SU, if you only have to pay 25-30% in tax.
As a expatriate in Denmark (with no family),a Software Professional within the Oil industry. I have an effective tax rate of 57.2% on my sizable salary. I personally don't see any benefit to paying this rate, given that I am not even entitled to even an 1/8 of the so-called social benefits or basic rights allotted to an unemployed danish drug addict (who may despite having access to everything from free education (with a grant of about $1000/month) to healthcare, has no incentive to be a productive member of society).
While if I fall ill for more than 2 weeks, there is a hook in the law that makes it possible for me to be kicked out of the country. And several similarly crazy laws targeted towards non EU nationals.
The only upside is availability of the "free health care", but this doesn't really matter as I have an internationally available, company sanctioned health insurance policy.
There is a distinct institutionalized system in place to milk and discriminate against productive expatriates/foreigners for all it worth, while not giving a single aorta towards their well-being.
Personally after this contract is done. I am getting out of this hell hole.I has left a foul test in my mouth.
Norway while much colder and having a higher cost of living...is looking way better from where I am standing.
Its a bit late..so a few typo's crept into my earlier posting..but hopefully you do get the gist of what I am saying.
They will tell you its all sunshine, unicorns and socialist rainbows until you actually get here and experience it yourself.
This article gives a bit of analysis
A bit dated but relevant
Not sure how you calculate the tax you pay in CPH but when I cut through the obfuscation of the various income taxes I pay, the final figure is approximately 55%. The Nordics also levy very high VAT - 25% in Denmark with no lower rates for essential items.
Having a child means my family receives a greater share of govt benefits than childless persons/families but everywhere I look I see public cost cutting. For example, after only a few years of existence the new metro (subway) is over-capacity in the central eight stops with no built-in ability to increase capacity and fares are high and consistently rising.
The top-ranked restaurants are very good but breathtakingly expensive. Grocery shopping is expensive and poor quality in comparison to other countries. Considerably few Danes can afford a car after 180% tax on new vehicles. Plus there are high fuel taxes and parking fees are run by local administrations as a profit business.
There are many ways that Denmark is a good model for a society but no-one can deny that it is all about extracting money from its people and NOT a cheap place to live.
Hello Ruben,
No ! I'm not a welfare recipient - in fact I have never received a dime in my 35+ years on the work force 1
I am a skilled & certified heavytruck tech working as shop supervisor for a Swedish truck manufacturer !
When I look on my monthly paycheck and subtract the amount I have paid in taxes from my gross salery I end up with app. 28 %
My paycheck are no secret so I will glad show it !
Working in DK as a foreigner most opt for the "scientisttax " model - it's used by professional athletes and almost anybody else non-DK citizens - this will grant you a 30% taxation but no deductions - so 30% flat tax !
As far as helatcare every Dane has a SSC card that we show upon entering a hospital - NO PAYMENT !
A lot of people in the WE has additional private healthcare provided by their employer.
Nobody claim that the Nordic countries are perfect - but as one of the entries claim ; we do it for our money - not China's !
I have worked and lived in the US - it was a very good experience and I visit US as often as I can.
The Danes incentive to own their business are very high and supported by the government - currently DK has one of the most friendly business climates as far as new businesses are conserned
Hello Phil,
If you check my answer to Ruben you will see how I calculate !
Now, regarding the expensive cars - you're right - they are even more expensive in Norway !
But 2012 was an alltime high for newcar sales in DK - in fact VW sold so may of their new Up! that the Germans were stunned by the amount of cars sold - so a LOT of Danes drive in new cars ! They do - however - not drive in big cars or SUV's !
I visit Berlin often and the pricetag on a good meal in Berlin matches the pricing in Cph. !
Since I live in Sweden I can compare groceries - they're almost the samr - I do know that you have far more of the same thing in 200 different wrappings available i the US - I have lived there - there just might be a reason for the percentage of obese people there :-)
The Nordic sountries are used to heavy taxation but they do - almost willingly accept thia as long as the public sector are efficient and deliver the product paid for by taxation.
It' s an expensive place to be - maybe too expensive - for the first time in a decade salery increases are NOT on the agenda - and it's accepted by the employees !
As a libertarian Dane I sympathize with much you say. You sound like a productive, well-off (temporary) member of society and Danish society has never really appreciated those, Danish or foreign. I agree about the drug-addict-on-welfare-issue you mention and would add to it that delinquent youths are also often rewarded. With your and my money of course. Social democratism isn't all it's hyped up to be...
But it's one of rare countries where you actually get something in return for taxes: high quality childcare including lunch and snacks, school lunches, after school programs, free university tuition, health care and care for the elderly. Take that into account and what you must pay for those services living in the US or the UK - enormous amounts that only wealthy people can pay for.
Dear Bjornsdotter - you underline the point perfectly. Yawn.
The map indicating Spitzbergen (Svalbard) actually shows the Faroes.
"'The Nordics' success depends on their long tradition of good government, which emphasises not only honesty and transparency but also consensus and compromise"
Indeed, I remmber seeing some everyday but quite astonishing features of transparency in the 80's and 90's in Finland.
- Example from the 80's: everyone's tax files are public information (you can walk into a tax office and ask for anyones tax return information), and once a year non-profit organizations used to publish small booklets listing everyones annual income (indexed by full name). Needless to say, these small booklets were a hit. So if you wanted to know why your neighbours could afford that sailing boat ...
- Example from the 90's: the Finnish vehicle registration office used to run an SMS based information service. You could text the license plate of any car, and it would return the make and model of the car, the technical specs, but also the owners full name and address. So if you wanted to know who was driving that Porsche ...
Don't know if they still do these particular things, but I do know that transparency remains a hall mark of the Nordics, and the point I'm trying to make is that there's no better way to keep people (and especially politicians) honest than a healthy dose of transparency.
from my point of view the things you are describing are way, way above a "healthy dose" of transparency.
You can still do these things. Worse, it has gone commercial and for small fees you can get the income of citizens. The reg plate look-up is free from the Transp Ministry. Not only does Big Brother know all about you, so can your neighbors.
Agreed. For this privacy-minded individual, this sounds as "healthy" dose of transparency as making bathroom doors illegal. "You have nothing to hide" after all, right?
Interesting that the editor does not mention one of the important factor for the "inclusive" model of the nordic countris. Their homogeneus population.
If you continue reading this report, you will get to an article on immigration, which brings up this topic.
Not really. All the Scandinavian countries (except Finland) have double digit foreign born percentages of their populations. Sweden is more ethnically diverse than many American states.
Inclusive government - emphasis on opportunity for all and decent minimum income for all in work or training - is a real policy choice for for all countries.
There are real policy lessons to learn. High investment in human capital, flexicurity, low military spending, high R&D support, policy emphasis on adopting & promoting new productivity-boosting technologies, and other such government behaviours certainly provide worthy guidance for other states.
"Low military spending" because the considerable costs of mounting a credible defense for western Europe have been paid by the United States since World War 2, which extends by proximity to protect freeloading non-NATO countries such as Sweden and Finland.
proportion of citizens foreign born: Switzerland-23%
"mounting a credible defense for western Europe have been paid by the United States since World War 2"
I don't have a lot of patience for Americans moaning over this and the reason is that the US would be the first to go into hysterics if European countries said "you know what, you're absolutely right. And what's more we're going to follow your example and build serious nuclear arsenals of our own to deter any rational actor from invading us." France, of course, did exactly this and the US was all up in arms over it back in the 1960s (as one would have expected from a model of international relations where each state tries to maximize its own power and leverage).
So the higher military expenses are the price the US pays to have the hand on the big trigger. If you want a greater share of the burden there has to be a greater share of power too so let me know if you're ready to let the NATO SecGen carry the nuclear codes instead of the POTUS (I wouldn't recommend it but just saying... Most ppl don't understand that the US gets priviliges too from paying the lion's share of the gun bill)
That may be true, but it's beside the point. The original point was that "there are real policy lessons to learn" from Scandinavia which can be "worthy guidance for other states," such as how low military spending frees up money for all these great social programs. My point is that's not realistic general advice, and it only worked in Scandinavia because their defense has been guaranteed by the United States at no cost to them for the last 70 years.
"My point is that's not realistic general advice, and it only worked in Scandinavia because their defense has been guaranteed by the United States at no cost to them for the last 70 years."
True, I agree. I have lived in both Scandinavia and the United States and I don't think Americans would like the level of taxation, state interference and what-have-you public programs and spending of the Scandinavian countries. And I wouldn't recommend it.
Let us be precise: Sweden does have high military spending, at least compared to other European countries. This is the price they pay for being neutral and still wanting to be able to defend themselves. Nothing wrong with that, in my opinion.
that's stupid... Finland has mandatory military service which in itself is a hidden cost that amounts to a very large percentage of GDP, let alone the actual military.
Sweden and Norway both had a similar system throughout the Cold War and only recently abandoned it in favour of a cheaper professional army
What a strange claim to make.
1) Sweden is not in any sense "neutral". It is a member of the EU, which involves a commitment to mutual defence (and a single market for military procurement, and free movement of internal military forces, etc).
2) Sweden does not have high military spending (Sweden's spending is low compared to most other EU countries). Sweden spends 1.2% of GDP on the military: https://www.google.co.uk/#hl=en&tbo=d&sclient=psy-ab&q=military+spending...
That's half the proportion that dysfunctional states like the UK and France spend on the military. And I would claim that Sweden could maintain full security while cutting military spending by a further half (allowing higher investment in human capital, lower corporation tax, etc).
Oh, looks like I was wrong about Sweden's military expenditures. 1.2% GDP is not much and not what I thought it was. My bad.
And that will be unsustainable as the migrants from non-western countries have lower levels of attainment and higher needs for welfare. Until people figure out that the homogeneity these countries have is actually a competitive advantage (higher social capital and trust - Robert Putman) they're going to keep eroding it. Their population has largely had similar gene-culture coevolution so they have lower inequality. That will change with more diversity.
I am an Argentinian citizen, Id rather be British. I love soccer, Id rather be Brazilian.
The number speaks for themselves to some extent; Sweden has carried out rather revolutionary changes since 1993. Interestingly without social unrest or strikes. Currently the debate in Sweden is how to ensure that the tax money that funds the voucher system for private schools and healthcare companies are used to increase quality in the schools and hospitals rather than having the profit (which in reality is nothing more than budget surplus) being distributed to the shareholders.
The inset map of Spitsbergen is actually the Faroe Islands.
So Iceland is not considered to be a nordic country?
The Economist explains: Who would pay a "mansion tax"
The Economist explains
Football and British politics: David Cameron's own goal
Game theory
Britain's election campaign: April 26th: The silence of David Cameron
The week ahead: A very normal affair
Football and politics: David Cameron's own goal
America's Ukrainian mission: Training wheels
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Doron Lamb hasn't played since the third practice of the season but is still hoping to be ready for opening night.
Bulls' head coach Tom Thibodeau said that Taj Gibson's right knee is "fine."
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Tyreke Evans (left knee bone bruise) said he will be a game-time decision for Game 2 against the Warriors on Monday.
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