The Euro
How a Common Currency Threatens the Future of Europe
28 November 2017
Territory Rights — Worldwide including Canada, Singapore and Malaysia, but excluding the British Commonwealth.
Description
The Nobel Prize–winning economist and best-selling author explains why saving Europe may mean abandoning the euro.
Reviews
"Terrific and clarifying." — Peter Goodman, The New York Times
"[Stiglitz] is surely right. Without a radical overhaul of its workings, the euro seems all but certain to fail." — The Economist
"Many of Mr. Stiglitz’s most damning observations are on target." — Wall Street Journal
"Stiglitz lucidly and forcefully argues that [the euro] was an economic experiment of unprecedented magnitude.… [He] gives a detailed and persuasive list of measures that would help save the euro." — John Lanchester, New Yorker
"Stiglitz’s verdict is convincing.… We should brace ourselves, over the next few years, for what may be a difficult economic divorce." — Rana Foroohar, New York Review of Books
"Much more than a demolition job. These chapters are full of constructive proposals—a glimpse of what the ‘rescues’ would have looked like had the troika, perish the thought, hired their critic Stiglitz to design them." — Marin Sandbu, Financial Times
"Cogent.… Stiglitz’s prescription is compelling." — Bethany McLean, Washington Post
"The euro is a modern tragedy.…As its embarrassments have mounted, its supporters club has teemed with political romantics and Europhile journalists. Stiglitz’s message to such people is that they are inadvertently destroying what they most cherish." — Paul Collier, Times Literary Supplement
"Stiglitz seeks to salvage the Eurozone experiment and the future of globalized Europe. And not a moment too soon!" — Anderson Tepper, Vanity Fair
"Stiglitz argues with his customary force and lucidity that adopting a single European currency was a fatal error." — Jeet Heer, New Republic