Cowboy Capitalism: European Myths, American Reality

Europeans and many American pundits believe that while the U.S. economy may create more growth, Europeans have it better when it come to job security and other factors. Olaf Gersemann, a German reporter who came to America, found the reality quite different. He checked facts and found the market freedoms in America create a more flexible, adaptable and prosperous system then the declining welfare states of old Europe.

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Cowboy Capitalism: European Myths, American Reality

Europeans and many American pundits believe that while the U.S. economy may create more growth, Europeans have it better when it come to job security and other factors. Olaf Gersemann, a German reporter who came to America, found the reality quite different. He checked facts and found the market freedoms in America create a more flexible, adaptable and prosperous system then the declining welfare states of old Europe.

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Cowboy Capitalism: European Myths, American Reality

Cowboy Capitalism: European Myths, American Reality

by Olaf Gersemann
Cowboy Capitalism: European Myths, American Reality

Cowboy Capitalism: European Myths, American Reality

by Olaf Gersemann

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Overview

Europeans and many American pundits believe that while the U.S. economy may create more growth, Europeans have it better when it come to job security and other factors. Olaf Gersemann, a German reporter who came to America, found the reality quite different. He checked facts and found the market freedoms in America create a more flexible, adaptable and prosperous system then the declining welfare states of old Europe.


Product Details

ISBN-13: 9781930865785
Publisher: Cato Institute
Publication date: 09/25/2005
Pages: 258
Product dimensions: 5.52(w) x 8.16(h) x 0.57(d)

Table of Contents

Acknowledgmentsvii
Abbreviationsix
Introduction1
Part IHe Who Laughs Last--Employment in Europe and the United States, 1979-2003
1.The End of Convergence9
2.Europe Isn't Working17
3.The New Economy Lives ... In America29
4.Europe's Sluggishness--A Chosen Lot43
5.America's Golden '90s--Was It All Just Hype?67
6.A Misery Desperately Longing for Justification75
Part IIThe United States: Myths, Half-Truths, and Reality
7."Living Standards Are Declining"83
8."For Everything Else, There's MasterCard"91
9."Poverty Is on the Rise"99
10."Just a Bunch of McJobs"111
11."Moms Need to Work, Too"117
12."Three Jobs Needed to Survive"123
13."Unemployed behind Bars"129
14."The Doctor Won't See Them Now ..."133
Part IIIUnequal and UNjust
15.Income Inequality--Tectonic Shifts or What?143
16.And the Culprit Is ... Progress155
17.Mass Unemployment--The Mother of All Injustices175
18.Inequality in Education--The Grandmother of All Injustices181
19.The American Dream Lives189
20.Better Securely Unemployed Than Insecurely Employed?195
Conclusion205
Notes211
References225
Index235
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