Does Europe still have a choice? The Euro is heavily promoted as a way to reduce unemployment and provide more freedom. But is the outcome so certain? It is high time for an economist, independent minded and free from special interests, to sound the alarm. Jean-Jacques Rosa denounces the creation of the European single currency as Europe’s worst mistake since the deflationary policy of the 1920s, which turned the 1929 stock market crash into a decade of tragedy. In coming to this judgement, Jean-Jacques Rosa applies logic, the truths of everyday existence, human experience, and statistical proof. Is the Euro really just the political will to melt the European nations into one state? Why- when the right size for today’s nations would be infinitely more modest? Against the trend of intellectual conformity, the timidity of the elites, and the knee- jerk approbation of Franco-German integration, Jean-Jacques Rosa, often polemical, suggests it’s time to escape from this impasse — from the Euro.
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