Sunday, May 22, 2005

THE AMERICAN ECONOMIC MODEL

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It is refreshing to see that journalists in Europe are capable of pointing to America and give some good suggestions to the Bush administration. Read the article, Damaged goods, in the Economist. I think that the "American Brand Capitalism" can is a very illustrative image. Here is an excerpt:

The way to support enterprise—American enterprise, the best in the world—is to be as unEuropean as possible. Mr President, look at France. Notice their economic policies. See how they subsidise this and protect that. Do we have to spell it out? (Economist, 05/19/05.)


Recommend reading:


Related: My post, INDEX OF ECONOMIC FREEDOM.

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