> comparable living standards

So vague as to be utterly meaningless.

And slow moving regulation literally incentivises high capex long-horizon investment.

I don't think it's that vague. I've lived in both Europe and the US, in several places, and both have a wide range. What I will say is that I don't think Europe is better off for the times that it has thrown up roadblocks.

Also, slow moving, stable regulation can be better than arbitrary flippancy, but that doesn't mean it directly incentivizes investment, it just means the investment already incentivized by demand can proceed with more confidence that it won't have the rug pulled out from under it, assuming the regulations didn't discourage a tentative proposal in the first place.

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upupupandaway a day ago | parent | prev | next [-]

>And slow moving regulation literally incentivises high capex long-horizon investment.

What?

	▲	CamperBob2 4 hours ago \| parent [-]
		No one wants to invest a lot of money into something that might be illegal tomorrow. (Do you?)

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alephnerd a day ago | parent | prev [-]

HDI is a good metric for gauging living standards [0]

And slow moving execution and creation of relevant legislation is a hindrance for capex in high risk projects like those in the semiconductor segment.

The Draghi report was published 2 years ago, and remains largely unimplemented.

[0] - https://en.wikipedia.org/wiki/List_of_countries_by_Human_Dev...