An American Economist in Paris
The advice coming across the Atlantic illustrates one thing clearly: Washington does not understand the purpose of the European Union and its common currency.
Myths of Austerity – and Paul Krugman
Seen from the other end of the Atlantic, the solution to the euro crisis always seemed obvious to some – not least NYT columnist Paul Krugman. Yet the Nobel Prize-winning economist has been wrong on virtually everything he has said about European fiscal policy.