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EU versus USA
Not our typical fare, but this report comparing the economics of the EU and the US is a very interesting read.
From the report’s introduction:
France, Italy, Great Britain and Germany have lower GDP per capita than all but four of the states in the United States. In fact, GDP per capita is lower in the vast majority of the EU-countries (EU 15) than in most of the individual American states. This puts Europeans at a level of prosperity on par with states such as Arkansas, Mississippi and West Virginia. Only the miniscule country of Luxembourg has higher per capita GDP than the average state in the USA.
via Johan Norberg.
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