Most Americans don’t realize how miserable their lives are: Nobel economist (opens in new tab)

The Wall Street Journal's Joseph C. Sternberg, in a recent op-ed, posed the question: "What happens when Europeans find out how poor they are?" Sternberg argued that the "widening gap between American and European prosperity" was showing itself with "gross domestic product." But liberal economist Paul Krugman disagrees with the premise of Sternberg's op-ed in a Substack column, stressing that "European incomes relative to American incomes have not declined, because GDP growth as conventionall...