The Corner

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Declining Europe


Fareed Zakaria has an important piece on “The Decline and Fall of Europe.” This is the economic system liberals would have us emulate. Have a look at what’s become of it. Zakaria makes the demographic point too, adding that protests are halting even the partial fix of raising the retirement age. And check out The Economist on “The Fertility Bust.” The Economist usually downplays Europe’s demographic problems. That makes this piece all the more powerful. And for the latest see “Controversy Over Rising Retirement Age Heats Up in Germany.” Meanwhile, France is gloomy and beginning to lose faith in its vaunted welfare state. The good news is that just might lead to serious reform of both economics and immigration. See “French Swing Behind Sarko’s Revolution” (linked yesterday by Andrew Stuttaford).