Becoming Europe

Samuel Gregg examines how Europe's economic culture, marked by high debt, overburdened welfare states, heavy regulation, and resistance to reform, has led to stagnation and 'soft despotism' as described by Tocqueville.

He highlights similar trends emerging in the United States and argues that America's recovery depends on preserving its distinct economic culture rooted in liberty, rule of law, and personal responsibility, rather than adopting Europe's model.