Working from home and the US-Europe divide
Americans are no longer the rich world’s great office drones
When it comes to economic growth, America comfortably beats Europe. Many factors have fed America’s outperformance, from tech innovation to vast oil reserves. But there is one explanation that seems almost too simplistic: that “Americans just work harder”, as the head of Norway’s oil fund put it in an interview with the Financial Times on April 24th.
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This article appeared in the Finance & economics section of the print edition under the headline “America v Europe”
Finance & economics May 4th 2024
- Immigration is surging, with big economic consequences
- Russia’s gas business will never recover from the war in Ukraine
- Japan will struggle to rescue its plummeting currency
- What campus protesters get wrong about divestment
- Working from home and the US-Europe divide
- Hedge funds make billions as India’s options market goes ballistic
From the May 4th 2024 edition
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