Belmont Club » The End of the End of History: "What went wrong? One line of thinking is that the project itself created the crisis. By growing like a tumor the European superstate stifled growth. It malinvested in “social programs” which produced no return, only sullen dependencies like Greece and whole classes of people who felt entitled to guaranteed incomes in both old age and early youth. According to this analysis, the EU is dying like the dinosaurs, of gigantism. Richard Epstein of New York University does his best to convince NPR that ordinary life holds up the world in despite of the best efforts by planners to enlist its fruits in the Great Projects."
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