During the Democratic primary season, Bernie Sanders stressed some of the superiorities of Denmark over the U.S. And indeed Denmark is wealthy, has strong social and economic indicators, and it offers a comprehensive safety net.
But is it the policies of Denmark that we should admire, or is there something special about being Danish? A closer look at the evidence shows a more complex picture and one actually pretty favorable to the American way.
Nima Sanandaji, a Swedish policy analyst and president of the European Centre for Entrepreneurship and Policy Reform, has recently published a book called "Debunking Utopia: Exposing the Myth of Nordic Socialism." And while the title may be overstated, his best facts and figures are persuasive.
For instance, Danish-Americans have a measured living standard about 55 percent higher than the Danes in Denmark. Swedish-Americans have a living standard 53 percent higher than the Swedes, and Finnish-Americans have a living standard 59 percent higher than those back in Finland. Only for Norway is the gap a small one, because of the extreme oil wealth of Norway, but even there the living standard of American Norwegians measures as 3 percent higher than in Norway. And that comparison is based on numbers from 2013, when the price of oil was higher, so probably that gap has widened.
Of the Nordic groups, Danish-Americans have the highest per capita income, clocking in at $70,925. That compares with a U.S. per capita income of $52,592, again the numbers being from 2013. Sanandaji also notes that Nordic-Americans have lower poverty rates and about half the unemployment rate of their relatives across the Atlantic.
It is difficult, after seeing those figures, to conclude that the U.S. ought to be copying the policies of the Nordic nations wholesale. It is instead more plausible to think that Americans might learn something from the cultural practices of Nordic-Americans. Sanandaji says those norms include hard work, honesty, a strong civil society, and an ethic of cooperation and volunteerism.
My own view is that many groups work hard, but that a disciplined, family-based approach to education and human capital investment is the important norm in this context. All the main Nordic groups in the U.S. have high school graduation rates over 96 percent. That compares with an average of about 82 percent for the U.S. as a whole.
Given all that, should one conclude that the American system of policies and laws is superior and the Nordics ought to try to copy the Yankees? Probably not.