How Europe Goes Wrong

Moreover, not allowing in poor immigrants now ignores the long-term benefits of immigration later.

Would the U.S. be the vibrant economy it is today if we had kept out poor Irish, Germans, and Eastern European immigrants during the 1800's?

"They can't imagine that it doesn't, in every way, have American-style government failure."

He is technically right...Europe doesn't have American-style failure, but instead has European-style failure, which is much worse in the long run.

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Mark Steyn is one "market-oriented person" who seems to think Europe is on the verge of collapse. Although probably he doesn't: humorous exaggeration is part of Steyn's shtick. But not every reader gets that. Steyn's a lot of fun, but in this case he does a disservice to other conservatives by supplying a straw man to Europhiles like Newsweek and, to a much lesser extent, Tyler Cowen.

Europeans do sometimes seem to think Europe is on the verge of collapse. Who was it who said "Europe is not in crisis, it's in deep crisis?" In that case, Europe means EU-rope. But a lot of the chattering/bureaucrat classes over there (who seem not to be as distinct there as here, unfortunately) seem to have forgotten the difference. I think it's the strange ideology of European unification, and the reaction against it, that fuel the hope-for-tomorrow/verge-of-collapse schizophrenia that tends to mask what is, at bottom, a boring story of persistent relative decline.