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The “American Miracle” was the European Miracle on Steroids
mises.org/mises-wire/american-miracle-was-european-miracle-steroidsAmerica inherited the core institutional framework of Europe (especially Britain) but refined and amplified it through greater decentralization, lower taxation, and more expansive freedoms.
This story appeared on mises.org, 2025-06-27 10:06:40.494000.