Matthew Feeney, assistant editor at Reason Magazine’s 24/7 blog, today reviews Samuel Gregg’s new book, ing Europe: Economic Decline, Culture, and How America Can Avoid a European Future. In his article titled “Europe: America’s Crystal Ball?” Feeney notes the similarity between Gregg’s views and many in the tea party movement who worry that “the U.S. is adopting similar norms and institutions [to Europe’s current economic culture,] thereby losing what Tocqueville called Americans’ “spirit of enterprise.”

Feeney states that:

It is frustrating to many Europeans that Americans refer to “Europeanization” or a “European culture.” Europe, after all, is a continent of many countries and hundreds of languages; any attempt to generalize its people or culture will inevitably fall short. Thankfully, Gregg doesn’t fall into this trap. While acknowledging those differences,he also explains what mentators to discuss mon European culture, from the presence of an established lingua franca (be it Latin, French, or English) to the centuries of trade between its different peoples to the ongoing influence of Christianity. And it surely makes sense to speak of a “European economic culture” given the existence of the European Union, whose bloated bureaucracies regulate 27 of the continent’s states.

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While Americans should be reassured that their political and economic culture is broadly pro-enterprise and pro-market, Gregg’s book is a healthy reminder that the United States has indeed been moving toward a more European economic culture. At the same time,Gregg makes sure to point out that the U.S. is not there yet. It remains to be seen how much Americans will push for free markets, transparency, and property rights in the years ahead. But thanks to Gregg’s book, they cannot claim to have not been warned.

Read the full article here. Learn more about or purchase a copy of ing Europe here.