Most of the policy ideas advocated by American liberals have already been enacted in Europe: generous welfare measures, ample labor protections, highly progressive tax rates, single-payer health care systems, zoning restrictions to limit big retailers, and cradle-to-grave middle-class subsidies supporting everything from child care to pension security. And yet far from thriving, continental Europe has endured a lost decade of relative decline.New York Times.
Thursday, June 02, 2005
The failure of statism
The EU is on a rocky road with the French and Dutch voting no on the new constitution.David Brooks has this insight on what it means for American liberals.