Why Europe is Poorer than America

Europe's GDP and purchasing power lag behind that of the United States. Why? 

Sam Bowman is the Editor of Works in Progress at Stripe, and the former Executive Director of the Adam Smith Institute. He recently wrote an article for Reason Magazine entitled "The Europoors Are Choosing to Have Less Then Americans. It Doesn't Have to Be this Way." 

He joins to discuss if Europe is actually poorer, and why.