Monday, August 30, 2010

Euro Notes: Nationalisms 1, EU 0?

Food for thought from a Georgetown professor of international affairs.  Blurb:
From London to Berlin to Warsaw, Europe is experiencing a renationalization of political life, with countries clawing back the sovereignty they once willingly sacrificed in pursuit of a collective ideal. For many Europeans, that greater good no longer seems to matter. They wonder what the union is delivering for them, and they ask whether it is worth the trouble.
So we're all Euro-skeptics now?  For the record, though, Alessandra called this a decade ago, just as Milton Friedman predicted that the euro would not survive the first serious recession it hit.  She said that the sheer artificiality of the EU project would eventually be its own undoing.

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