The Euro Gamble: Noble Visions, Obstinate Nation-States

Note:  The RSVP deadline has been extended to Oct. 12th

Good politics does not for good economics make, especially not in a sub-optimal currency area. Ten years into the euro, the skeptics were proven right. Instead of forcing all members into fiscal discipline and domestic reform, the common currency did neither; indeed it encouraged profligacy and business-as-usual. Now, the Eurozone has become a transfer and debt union. Europe, whose growth has been slowing for 40 years, will not regain competitiveness under the new dispensation.

This seminar is part of the European and Global Economic Crisis Series.