Gabriel Zucman argues that empirically, with the right controls, 🇪🇺's economy does no worse than 🇺🇸 since 1990.
It is noteworthy, but not because doing better or worse than 🇺🇸 should be so relevant. Rather, because it highlights that 🇪🇺 is in a remarkable era of healthy expansion and growth.
Georg Weizsäcker
The story of Europe’s economic decline while US is 'soaring' is everywhere.
But it is wrong. It is a myth.
Europe delivers more leisure, longer life expectancy, less inequality than the US.
Gabriel Zucman dismantles the myths.
There is a widespread view that, by comparison with the USA, Europe is in economic and social decline. But, Zucman argues, it's not true