With elections only a couple of weeks ahead, the tendency to bash the euro (and Europe) seems to have greatly diminished among all parties. But not bashing the euro and its rules is not enough, says Daniel Gros
In the identification between single currency and neoliberal policies, that’s where the anti-Euro movement as well the advocates of the status quo are splashing around. Both, armed against one other, pretend not to see that the problem is not the single currency itself, but the intellectual climate that is now prevailing in Europe. Here are some ideas to finally change direction without blowing up the whole continent, taken from Francesco Saraceno’s preface to the Italian edition of Martin Sandbu’s book “Europe’s Orphan”.
A group of German and French intellectuals have put forward some proposals for the advancement of the Eurozone. But their ideas – comes the reply by a group of LUISS economists – is likely to aggravate the evils they intend to cure. An exchange of open letters on Le Monde and Faz followed
A second extract from Martin Sandbu’s book on the European Single Currency and the economic crisis. The Italian translation of the volume will be out soon for LUISS University Press
Accordin to Martin Sandbu from the Financial Times, the crisis that hit the eurozone should not be blamed on the euro, but on a series of political mistakes. Sanbu’s latest book, published by Princeton UP, will be out soon in its Italian translation for LUISS University Press