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