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Why US Inequality Is Higher Than Europe’s

10 18 0
12.11.2019

PARIS – Europe’s political forces are divided between those who regard the European Union as promoting unfair, inefficient neoliberal economic policies, and those who see the bloc as key to preserving the relatively equitable and inclusive “European social model.” Yet the recent European Parliament election featured little debate about this model, and generated few ideas for what policymakers should do to tackle income inequality across the continent.

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    That is a pity. Comparisons of income growth and inequality in Europe and the United States over the past four decades have yielded important new insights into why incomes are far more evenly distributed in Europe than in America, and about what each side of the Atlantic could learn........

    © Project Syndicate