The Euro Crisis-Bred In The Bone

Ed Dolan, economist, euro crisisThis post is by guest blogger, Ed Dolan (you can find him on Twitter as @dolanecon). He is an economist, writer and educator who wants to make economics understandable to everyone. We continue to celebrate our 3rd anniversary of this Twitter chat as we explore the Euro Crisis, politics and the global economy this Friday, July 27th, at 5pm BST/12pm ET/9am PT on #KaizenBiz.

The slow-motion disintegration of the euro area is the least surprising economic crisis of modern times. It was bred in the bone when EU leaders ignored all that was known about the benefits and risks of currency areas in pursuit of political objectives.

Advantages of the euro… Continue reading