Source: Washington Post
by Megan McArdle
“I’m not, alas, in Paris right now. But I can certainly imagine myself in a Parisian cafe, enjoying some steak frites and a glass of wine while taking in the glorious streetscape. What’s harder to imagine is soaking in all that ambiance and thinking, ‘Yeah, this place is definitely poorer than Mississippi.’ No, seriously, that’s what gross domestic product statistics suggest. In 2024, France had a per capita GDP of $46,103. Mississippi’s was $55,876. As recently as 10 years ago, French GDP was ahead ($37,024 versus $36,184), but since then U.S. GDP and productivity have grown significantly faster than Western Europe’s. This fact has caused much social media friction between smug Americans and defensive Europeans (allied with American progressives) who argue that you can’t measure what makes their way of life better.” (05/17/26)