The Euro: How a Common Currency Threatens the Future of Europe [Hardcover]

Muchmore than a demolition job. These chapters are full of constructive proposals -a glimpse of what the rescues would have looked like had the troika, perishthe thought, hired their critic Stiglitz to design them.[Stiglitz]is surely right. Without a radical overhaul of its workings, the euro seems allbut certain to fail.Terrificand clarifying.Manyof Mr. Stiglitzs most damning observations are on target.The euro is a modern tragedy.&As its embarrassments have mounted, its supporters club has teemed with political romantics and Europhile journalists. Stiglitzs message to such people is that they are inadvertently destroying what they most cherish.Acogent and urgent argument of compelling interest to economists andpolicymakers.Can Europe prosper without the euro?