Tragedy of the Euro, The

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Ludwig von Mises Institute
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User Review  - ffaria - LibraryThing

Extremely insightful. One of the few books to apply austrian economics to the Euro and the European Central Bank. It is a vital book to understand the dynamics of the European Union. Read full review

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"Straight forward analysis of the European sovereign debt crisis in the Austrian tradition. It is a very good summery of the Austrian Business Cycle Theory and focuses on how the Euro is used against its original setup as a transfer-vehicle. It does not exclude the possibility of a monetary union in general, but only under non-deficit spending policies in all countries.
I like the analytical approach which reminds me of von Mises "Wertfreiheit", although it clearly takes side against demand oriented economics."
 

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