The Lure of the European Model

Source: Foundation for Economic Education
by Diyar Kassymov

“Should America look up to Europe? For many Americans, it seems like Europe is the paradise continent with high salaries, good education, and free healthcare. So they advocate for the US to adopt a ‘European Model’ — tax and tax, spend and spend, regulate and regulate. Politicians like Senator Bernie Sanders, Congresswoman Alexandria Ocasio-Cortez, and New York Mayor Zohran Mamdani are pushing for a 70% top tax rate, Medicare-for-All, and strict bank and business regulation. But does the European model really work?” (02/25/26)

https://fee.org/articles/the-lure-of-the-european-model/