Gotcha, pure fantasy that seems to rely on many assumptions that don't hold up in other countries. Do appreciate the criticism section on wiki: "a purely linguistic combination of opposites that can be applied to virtually any policy mix."
Everything we try will rely on some assumption, but I think it’s unfair to call that fantastical. What assumptions do you think are uncalled for?
Norway, Sweden, Denmark—these are countries where this model has been proven to work in practice, not theory.
If you still call bullshit though, I’d cordially invite you to show me similar evidence for price controls working as well as flexicurity does in the Scandinavian states.