Eye-opening:
US consumers spent over $80bn on pay TV subscriptions alone in 2010 – more than the combined entertainment outlay of the whole of Western Europe.
via US media spending dwarfs Europe’s outlay.
Related posts:
Eye-opening:
US consumers spent over $80bn on pay TV subscriptions alone in 2010 – more than the combined entertainment outlay of the whole of Western Europe.
via US media spending dwarfs Europe’s outlay.
Related posts:
Paul Kedrosky‘s Infectious Greed
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Has me thinking that Western Europe has massively advanced the art of free riding.
[Considering proportion borne of costs of entertainment content production in addition to those of pharmaceutical research and defense/maintenance of order for commercial activities or empires]
Good point. That's almost certainly part of the explanation.
Is there any category of expenditures where America spends less per capita than Europe?
Bicycles