The European Commission’s report on the Industrial Accelerator Act recognizes some of Europe’s economic problems. Unfortunately, that’s where the good stuff ends.
Christine Lagarde is probably the first major European policymaker to speak openly about why the EU is falling behind globally. But her plan for fixing the problem falls way short.
With most of the continent’s economies trapped between stagnation and decline, it is time to revive the forces that once made the West the greatest prosperity machine in history.
