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The Copenhagen Consensus

Reading Adam Smith in Denmark

Author: Robert Kuttner
March/April 2008
Foreign Affairs

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Denmark has forged a social and economic model that couples the best of the free market with the best of the welfare state, transcending tradeoffs between dynamism and security, efficiency and equality. Other countries may not be able to simply copy the Danish model of social democracy, but it nonetheless offers important lessons for governments confronting the dilemmas of globalization.

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