Almost all European pundits believe that, while the U.S. economy may create more growth, Europeans have it better when it comes to job security, income equality, and other factors. Olaf Gersemann, found the reality quite different. He found that what almost everyone in Europe "knows" is wrong: the greater market freedoms in America create a more flexible, adaptable, and prosperous system than the declining welfare states of "old Europe." Cowboy Capitalism presents statistical data in extensive and accessible charts and graphs.