Europe’s Economic Decline: Why Eurosclerosis Threatens Growth and Competitiveness

To some Americans, including leading economists, Europe had it right.  Work-life balance with long vacations. An enviable social welfare net.  Happier. And even capitalism worked better there with more competition and lower prices.  Some of our views of Europe were shaped by pleasant vacations and going to conferences. On January 30, 2024, Paul Krugman, in … Continue reading Europe’s Economic Decline: Why Eurosclerosis Threatens Growth and Competitiveness