The Euro: How A Common Currency Threatens The Future Of Europe
Joseph E. Stiglitz
W.W. Norton & Company
Since 2010, Europe has been in economic crisis, as the 19 countries that share the euro currency have been rocked by stagnation and debt crisis.
Some countries have been in depression for years while the eurozone’s governing powers have gone from emergency to emergency, most notable in Greece.
Nobel Prize-winning economist and best-selling author Joseph E. Stiglitz examines in The Euro the causes for the endless crisis and mistakes made around the creation of the single currency. He lays bare the European Central Bank’s misguided inflation-only mandate and explains how eurozone policies, especially toward the crisis countries, have further exposed the zone’s flawed design. Continue reading BrooklynFans of Books: The Euro, by Stiglitz