By Arnold Kling
Europe’s proposed constitution is receiving scant attention in mainstream media, but many Web sites that I visit have discussed it. Most of the reviews are mixed, but Marian L. Tupy’s opinion is unambiguous.
They could have liberalized the rigid European labor market, eased the weight of a plethora of high taxes and reduced the 97,000 pages of regulations.
Instead, they chose to withdraw behind a wall of high tariffs, buttressed by a panoply of subsidies and fortified by prohibitive labor and environmental standards. Worst of all, the prosperity of the European peoples will increasingly be subjected to the whims of a multitude of central planners in Brussels.
For Discussion. Tupy argues that America’s prosperity owes much to the principles of limited government given by our Constitution. Europeans have tended to view our main advantage as being the size of our market. Is either of those views correct?