James E. McWhinney (June 25, 2013). "The Nordic Model: Pros and Cons"Arxivləşdirilib 2019-02-09 at the Wayback Machine. Investopedia. Retrieved September 16, 2015. The Nordic model is a term coined to capture the unique combination of free market capitalism and social benefits that have given rise to a society that enjoys a host of top-quality services, including free education and free healthcare, as well as generous, guaranteed pension payments for retirees. These benefits are funded by taxpayers and administered by the government for the benefit of all citizens.
James E. McWhinney (June 25, 2013). "The Nordic Model: Pros and Cons"Arxivləşdirilib 2019-02-09 at the Wayback Machine. Investopedia. Retrieved September 16, 2015. The Nordic model is a term coined to capture the unique combination of free market capitalism and social benefits that have given rise to a society that enjoys a host of top-quality services, including free education and free healthcare, as well as generous, guaranteed pension payments for retirees. These benefits are funded by taxpayers and administered by the government for the benefit of all citizens.