Matthew O’Brien

What is the price to save the Euro : Isn’t Worth Saving writes Matthew O’Brien

Welcome to life in a suboptimal currency area. After all, countries that share a currency also share monetary policy. If they don’t share fiscal policy too — that is, there is no centralized treasury — they can get into trouble. Just ask Europe. But as Christian Odendahl at The Economist points out, this also means that … Continue reading →