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by Findeton 259 days 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.
1 comments

> 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.