Europe v America: Who’s Really Winning?

Source: Paul Krugman
by Paul Krugman

“Regular readers know that I have a longstanding interest in comparisons between the U.S. and European economies — largely because that comparison is important for geopolitics and economic policy, but also because it’s intellectually interesting. The conventional wisdom among elites on both sides of the Atlantic is that Europe is falling far behind. But I’m a skeptic. And I have some new thoughts about the issue. So I thought I’d do a wonkish post, aimed primarily at economists, to explain what I think is going on.” (02/25/26)

https://paulkrugman.substack.com/p/europe-v-america-whos-really-winning