Privatization Insights
Scott discusses the complexities of privatization, emphasizing that mere state ownership isn't the core issue; rather, it's about competition and subsidies. He highlights the positive impact of the European Union in promoting a level playing field, which has encouraged countries to reduce protectionism and embrace more free-market principles. The conversation also touches on the varying degrees of trade openness across Europe, suggesting that the U.S. may no longer lead in free trade among developed nations.In this clip
From this podcast
EconTalk
Scott Sumner on Growth and Economic Policy
Related Questions