Appeared in: Volume 11, Number 1
Published on: August 1, 2015

The architects of the Eurozone privileged aspirational politics over economic realities. Reality is now playing trump.

Michael Mandelbaum, a member of the TAI Editorial Board, is the Christian A. Herter Professor of American Foreign Policy at The Johns Hopkins University School of Advanced International Studies. His most recent book is The Road to Global Prosperity (Simon & Schuster, 2014).
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