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Political Union Now!

Techau, Jan, (2015), “Political Union Now!”, Carnegie Europe, 13 Ιουλίου

Let’s put aside Angela Merkel’s economic wisdom in the Greek crisis for the moment. To be sure, as an economics layman with a penchant for fiscal conservatism, Merkel’s alleged toughness sounded reasonable to me, partly because it was well cushioned by enormous generosity. I think she basically had it right, and that her strategy for the euro crisis was better than those of most other folks, including Paul Krugman, Joseph Stiglitz, and Yanis Varoufakis. And Marine Le Pen, for that matter.

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