Preface -- Introduction -- 1 Europe and the United States: Two Different Social Models -- 2 Handling a Multiethnic Society -- 3 Americans at Work, Europeans on Holiday -- 4 Job Security, Job Regulations, and 14 Million Unemployed -- 5 Technology, Research, and Universities -- 6 Competition, Innovation, and the Myth of National Champions -- 7 Interest Groups against Liberalization -- 8 The Judicial System and the Cost of Doing Business -- 9 Conflicts of Interest in Financial Markets -- 10 A United Europe? -- 11 The Rhetoric of Dirigisme and Coordination -- 12 The Euro -- 13 Budget Fixes -- 14 A Wake-up Call for Europeans -- Index.