Archive for the 'Europe' Category



Aug10th2006

How The European Welfare State Affects Women

Newsweek writes:
Here’s a pop quiz on gender equality. In which part of the world are women most likely to reach the highest rungs of power? Choice A offers new moms 12 weeks of maternity leave, almost no subsidized child care, no paid paternity leave and has a notoriously hard-driving business culture. Choice B gives them […]

Jul26th2006

The Difference Between ‘Old Europe’ And The United States

Historian Thomas C. Reeves, writing in the History News Network, details the differences between ‘Old Europe’ and the United States:
The United States has moved far ahead of every European country in every significant economic category. As Olaf Gersemann recently pointed out, “Adjusted for differences in price levels, per capita income in the United States now […]

Jul17th2006

High Taxes In France

The Washington Post writes:
On average, at least one millionaire leaves France every day to take up residence in more wealth-friendly nations, according to a government study.
At a time when France is struggling to stay competitive in an increasingly integrated world, business leaders say the country can’t afford to make refugees of some of its most […]

Jul6th2006

Quote Of The Day

“Sweden’s unemployment rate is 15 per cent, three times the figure being used by the government, according to new research from McKinsey Global Institute, the think tank”. –Financial Times
Update: Economist has more.

Jun13th2006

European Racism

The Los Angeles Times reports:
Although players of color have graced Europe’s top leagues since the 1970s, and there’s hardly a championship team anywhere without some Brazilian or African imports, an astonishing level of racism persists among some fans and even coaches.
Ukraine coach Oleg Blokhin, for example, recently complained that the influx of foreign players deprived […]

Jun8th2006

Quote Of The Day

“On the face of it, America’s welfare system is harsher and less hospitable than Europe’s, something that many liberals lament. But in this respect, at least, that appearance is misleading. The unintended consequences of Europe’s milder regime are not just a looming fiscal collapse but also, in the meantime, intensifying and plainly self-destructive […]

Jun6th2006

Quote Of The Day

“One of Mr. Paulson’s first briefings from the Treasury staff should be about what high taxes have done to the economies of Europe. According to research by Nobel laureate Edward Prescott and by economists Steven Davis and Magnus Henrekson, the high tax rates in Europe have reduced work effort and distorted the industrial mix. The […]

May18th2006

Quote Of The Day

“I have a friend who is French who is a great Silicon Valley entrepreneur. He was born in France but his parents were from Tunisia (he’s Jewish). He was born in France so he has no accent. But he told me that he ultimately left France because everyone […]

May17th2006

Quote Of The Day

“I already wrote in my Spanish blog about an article published in Spanish leading newspaper El País about Condolezza Rice. This article argued that since Condolezza Rice was black it was to be expected that her intentions would be dark, lacking in transparency. It literally said that “it is obvious that Condolezza Rice´s hands are […]

May16th2006

Quote Of The Day

“Having lived through the experience of being an immigrant both in the United States and in Europe I would like to make some comments on what are the key issues that Europe needs to address for a better assimilation of immigrants…I am a Spaniard. I have the same rights as all the Spaniards. Still Spanish […]

Apr5th2006

Quote Of The Day

“Many economists have recognized for more than a decade that the generous minimum wages and other rigidities of the French labor market caused unemployment rates that have remained stubbornly high since the early 1990’s. Immigrants, youths, and other new entrants into the labor market have been hurt the most since they have had the greatest […]

Mar24th2006

Quote Of The Day

“Advocates of the European model point to the pockets of poverty in the United States, but may not realize that poverty cannot be abolished without recourse to measures that produce the social pathologies that we observe in Europe. Social mobility implies the opportunity to fail. If society protects jobs, the employment opportunities of ambitious newcomers […]

Mar23rd2006

Quote Of The Day

“Krugman’s failure to relate the European model to Europe’s Muslim problem is telling. To point to the upside of Europe’s social model without mentioning the most serious downside is to provide bad advice to our own policymakers. The assimilation of immigrants by the United States, compared to the inability of the European nations to assimilate […]

Mar22nd2006

Quote Of The Day

“There is an ongoing debate among economists over whether social mobility is greater in the United States or Europe. The general evidence on this does not offer a definitive answer, but there is little doubt that most immigrants believe opportunities for themselves and their children are greater in the United States. This is why America […]

Mar21st2006

Quote Of The Day

“Clearly, the European system of employment helps the “insiders” with good jobs, and works against “immigrants” and other newcomers ,or “outsiders” in labor markets. …The labor market restrictions, however, make it hard for immigrants to obtain jobs in the legal economy, so either they are unemployed, or they work in the flourishing underground economies of […]

Mar14th2006

Quote Of The Day

“The root of Old Europe’s problems is that it is in denial regarding the nature of the society it has constructed. In the first instance, European nations are capitalist, not socialist. It takes capitalism to have socialism, in the sense that without capitalism you get Cuba and North Korea and Albania when you try to […]