I'm not really convinced by his arguments, a lot of European countries have a higher free market index than the US and US taxes are more complex than a good half of European countries.
I think he overestimates the impact of regulation & "culture" (what does that even mean in a place as diverse as Europe?) and underestimates the effect of having a large market in the US where everyone speaks the same language and have more or less the same culture.
I think he overestimates the impact of regulation & "culture" (what does that even mean in a place as diverse as Europe?) and underestimates the effect of having a large market in the US where everyone speaks the same language and have more or less the same culture.