17min chapter

Many Happy Returns cover image

Productivity Crisis: Is Europe A Basket Case?

Many Happy Returns

CHAPTER

Innovation and Regulation: A Transatlantic Divide

This chapter examines the differing approaches to innovation and regulation in America and Europe, highlighting the challenges faced by European startups due to stringent regulations like GDPR. It discusses Europe's slower decision-making processes and reliance on traditional industries compared to America's more dynamic startup culture. The implications of these differences on economic growth, energy procurement, and geopolitical relationships are also critically analyzed.

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