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Europe Imitates Anthem June 6, 2007

Posted by federalist in Economic Policy.
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Brian Carney, in an article on government approaches to global warming, notes a profound difference in the philosophies between Europe and America:

[T]he characteristic American response to, say, climate change, is to believe that technologies— and even companies—that do not now exist will crop up to solve the problem, assuming there is a problem. The characteristic European response, as exemplified by the German conspiracy theorist in Venice, is to focus on how to get the businesses to behave “better.

Anyone who remembers Ayn Rand’s Anthem will find this comment particularly salient:

Most European employment law is focused on preserving the jobs that already exist. Policies designed to create new jobs are viewed as threatening to the status quo….

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