Friday, January 29, 2010

Denmark in the No Spin Zone

Bill O'Reilly and his two very blonde colleagues deconstruct Oprah's love of Denmark.

Best bits: O'Reilly on the Danish Vikings and his Irish ancestors and Margaret Hoover dissing O'Reilly on Aristotle

Worst bit: Margaret Hoover's outfit makes her look like a clown about to put on her makeup.

Oh, and just to be clear, the 90 percent replacement rate in the Danish unemployment insurance system does have a cap, so neither O'Reilly nor Oprah would get 90 percent of their salaries were they Danes who lost their jobs.

My take: the Danish equilibrium requires a lot of social cohesion, for which being a small, homogeneous country is probably a necessary but not sufficient condition.

Hat tip: no need to say

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