>Significantly less free than in the US, and correspondingly less prosperity.
Which measures of freedom became restricted in the EU following the GFC that led to the prosperity of the EU diverging from the US?
Which measures of freedom became restricted in the EU following the GFC that led to the prosperity of the EU diverging from the US?
Free markets are chaotic, and are constantly reallocating resources from less efficient uses to more efficient uses.
Regulations that impede that make for lower prosperity.
How does your theory account for this?