top | item 45404460

(no title)

Findeton | 5 months ago

Krugman is a statist. The truth is that GDP per capita growth has been much slower in Europe than in the US since 2008 — except in a few countries that adopted a more free-market approach, such as Poland, Switzerland, or Ireland.

discuss

order

rbanffy|5 months ago

> GDP per capita growth has been much slower in Europe than in the US

GDP per capita is a crude indicator that doesn’t capture the distribution of the GDP among the population.