[ExI] Contrary Messages about European Economy

[Stathis Papaioannou]

On 19/07/07, Lee Corbin <lcorbin at rawbw.com> wrote:

> Of course, for many historical reasons the Americans had or still
> have many advantages in setting up shop on a relatively unihabited
> continent (after smallpox and other diseases did their work). On
> the other hand, America purportedly has a number of economic
> freedoms yet to be attained by the Europeans, though I suppose
> that the creation of the EU was a good start. But, as in the preface
> above, the authors are critical.  The charts in the PDF file are
> fascinating.

The following charts suggest that while the US has consistently been
ahead of European countries in per capita GDP, its lead hasn't changed
that much since 1960:

http://www.demographia.com/db-ppp60+.htm



-- 
Stathis Papaioannou