Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future

Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future

by Samuel Gregg
3.0 2

Hardcover

$17.40 $25.99 Save 33% Current price is $17.4, Original price is $25.99. You Save 33%.
View All Available Formats & Editions
Eligible for FREE SHIPPING
  • Get it by Thursday, August 24 , Order now and choose Expedited Delivery during checkout.

Overview

Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future by Samuel Gregg


“We’re becoming like Europe.” This expression captures many Americans’ sense that something has changed in American economic life since the Great Recession’s onset in 2008: that an economy once characterized by commitments to economic liberty, rule of law, limited government, and personal responsibility has drifted in a distinctly “European” direction.

Americans see, across the Atlantic, European economies faltering under enormous debt; overburdened welfare states; governments controlling close to fifty percent of the economy; high taxation; heavily regulated labor markets; aging populations; and large numbers of public-sector workers. They also see a European political class seemingly unable—and, in some cases, unwilling—to implement economic reform, and seemingly more concerned with preserving its own privileges. Looking at their own society, Americans are increasingly asking themselves: “Is this our future?”

In Becoming Europe, Samuel Gregg examines economic culture—the values and institutions that inform our economic priorities—to explain how European economic life has drifted in the direction of what Alexis de Tocqueville called “soft despotism,” and the ways in which similar trends are manifesting themselves in the United States. America, Gregg argues, is not yet Europe; the good news is that economic decline need not be its future. The path to recovery lies in the distinctiveness of American economic culture. Yet there are ominous signs that some of the cultural foundations of America’s historically unparalleled economic success are being corroded in ways that are not easily reversible—and the European experience should serve as the proverbial canary in the coal mine.

Product Details

ISBN-13: 9781594036378
Publisher: Encounter Books
Publication date: 01/08/2013
Pages: 384
Sales rank: 912,073
Product dimensions: 6.30(w) x 9.10(h) x 1.30(d)

About the Author


Samuel Gregg is director of research at the Acton Institute. He is the author of many books, including On Ordered Liberty (2003), his prize-winning The Commercial Society (2007), and Wilhelm Röpke’s Political Economy (2010). He lectures regularly in America and Europe on topics encompassing political economy, economic culture, and morality and the economy. His writing has appeared in academic journals and magazines including National Review, The American Spectator, and Crisis Magazine, as well as newspapers throughout America, Europe, and Latin America.

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews

Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future 3 out of 5 based on 0 ratings. 2 reviews.
Anonymous More than 1 year ago
Good synopsis of the many reasons behind the gradual delines of the US.
Anonymous More than 1 year ago