No Apparent Motive

Alternet posted a short piece I wrote on how Denmark and Germany have dealt with the Great Recession. It is the sub-1,000 word version of the CEPR report (pdf) from a couple of weeks back.

In the years leading up to the Great Recession, Denmark had what was arguably the most successful labor market in the world. In 2007, for example, the unemployment rate in Denmark was just 4.0 percent (compared to 4.6 percent in the United States), and a much higher share of working-age Danes were in jobs (77.1 […]