A tragedy is in the making for EU economic policy if a misleading conclusion drawn from Mario Draghi’s recent productivity report is cemented. This is the paralysing belief that Europe will fall hopelessly behind the US in innovation unless it finds hundreds of billions in additional public subsidies — which politicians who pride themselves on their realism rush to dismiss as impossible.
如果從馬里奧•德拉吉(Mario Draghi)近期撰寫的生產力報告中得出的一個誤導性結論被廣爲接受,歐盟經濟政策將迎來一場災難。這是一種導致人心煥散的觀念:歐洲在創新方面將無望地落後於美國,除非拿出數千億美元用於增加公共補貼——以具備務實精神爲傲的政治家連忙聲稱,這是不可能的。
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