European vs. U.S. Economic Performance: An Update Published July 5, 2026 Today’s primer is a long, dense, wonkish discussion of an issue I’ve been steadily working on in the background. To be honest, this post is aimed primarily at economists, not a general audience. And I may well get professional pushback — in fact I hope I will. Anyway, apologies in advance for its relative inaccessibility, which I don’t intend to make a habit.