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The Narcissism of Minor Differences: How America and Europe by Peter Baldwin

By Peter Baldwin

There's a lot heated rhetoric in regards to the widening gulf among Europe and the US. yet are the united states and Europe so varied? Peter Baldwin, one of many world's top historians of comparative social coverage, thinks no longer, and during this bracingly argued yet remarkably trained polemic, he lays out how related the 2 continents quite are. Drawing at the newest proof from resources reminiscent of the United international locations, the area financial institution, IMF, and different overseas organisations, Baldwin bargains a desirable comparability of the U.S. and Europe, taking a look at the most recent information at the economic system, crime, overall healthiness care, schooling and tradition, faith, the surroundings, and lots more and plenty extra. it's a publication packed with fabulous revelations. for many different types of crime, for example, the USA is secure and peaceable by means of eu criteria. however the largest shock is that, although there are lots of transformations among the United States and Europe, in just about all circumstances, those modifications aren't any more than the variations between ecu countries. Europe and the USA are, in reality, a part of a standard, big-tent grouping. the US isn't really Sweden, needless to say. yet neither is Italy Sweden, nor France, nor even Germany. And who says that Sweden is Europe? Anymore than Vermont is America?

"Meticulous, insistent, and elegant."
--John Lloyd, Financial Times

"A must-read...filled with exciting proof that upload nuance to what can frequently be a black-and-white debate."
--Foreign Affairs

"An exhaustive and enchanting catalogue of our commonalities that begs a reconsideration of simply what it potential to be eu or American."
--Publishers Weekly

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45 One difference between the United States and the high-tax nations of northern Europe is this: the American poor are largely exempted from taxes, indeed often given state monies via tax credits, while their Scandinavian peers are granted social benefits, but are taxed on income like everyone else. S. tax system is at once less demanding and more progressive than the Continental European, while at the same time social benefits are stingier. As a rule of thumb, as income taxes are levied on an ever-larger swath of earners and as their rate increases, their progressivity has to decline.

Only Finland, Portugal, Spain, and Greece have fewer. 28 Serious work accidents in America’s untrammeled capitalist system are comparable to European figures. The percentage of workers unfortunate enough to be killed on the job is higher in Belgium, Spain, Italy, Greece, and Austria. The Portuguese rate is more than twice as high (figure 13). S. 29 In terms of leisure, Americans fare badly. Workers in the United States are not guaranteed a minimum vacation time by law. And their holidays are shorter 27 THE ECONOMY 12.

The impositions set by this regulatory apparatus are similar to those found in Europe. 10 All in all, it is fair to conclude that the United States is not quite the streamlined, market-slavish, efficient entrepreneurial fantasy of the stereotypes. Nor, conversely, that Europe is the feather-bedded, hyperregulated, business-hostile, sclerotic mess that American conservatives imagine. 20 THE NARCISSISM OF MINOR DIFFERENCES When the World Bank turns its attention to trade logistics (the ability of countries to connect firms, suppliers, and consumers to global supply chains in an effective manner), which presumably is a practical proxy of market thinking, Singapore unsurprisingly tops the heap.

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