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New euro Bills are set to enter circulation in May 2013. Instead of the now familiar imaginary architecture, these bills will feature “a hologram and watermark of Europa, the Phoenician noblewoman who gave the continent its name. In Greek myth, she...

Show me the Monnet: the Faces of Europe

New euro Bills are set to enter circulation in May 2013. Instead of the now familiar imaginary architecture, these bills will feature “a hologram and watermark of Europa, the Phoenician noblewoman who gave the continent its name. In Greek myth, she...

I was hoping to stop writing on austerity and switch to nationalism and the extreme right in Europe. However, France’s recognition of the Syrian National Council (SNC) as the sole representative of the Syrian state/people has forced me to take a Mi...

Hollande goes to Syria

I was hoping to stop writing on austerity and switch to nationalism and the extreme right in Europe. However, France’s recognition of the Syrian National Council (SNC) as the sole representative of the Syrian state/people has forced me to take a Mi...

In my last eurocrisis rant I argued three changes were necessary for the EU to begin crawling its way out of the hole it has dug itself into. These were viewing debt as an economic instead of a moral problem, considering the situation a political ins...

The Bundes of the Bank

In my last eurocrisis rant I argued three changes were necessary for the EU to begin crawling its way out of the hole it has dug itself into. These were viewing debt as an economic instead of a moral problem, considering the situation a political ins...

Yesterday, the French government signed a deal to provide Peugeot-Citroën, Europe’s second largest automaker, with €7 billion (or $9 billion) in credit guarantees. This is yet another example of government intervention in industrial sectors stru...

Peugeot-Citroën PSA Bailout to Schumpeter’s Dismay

Yesterday, the French government signed a deal to provide Peugeot-Citroën, Europe’s second largest automaker, with €7 billion (or $9 billion) in credit guarantees. This is yet another example of government intervention in industrial sectors stru...

Europe has not experienced a major war in the last six decades. Today a European civil war, with the ensuing international spillover, is simply unthinkable. That we take this for granted is extraordinary, given that for centuries Europeans have been ...

Thoughts on the Peace Prize

Europe has not experienced a major war in the last six decades. Today a European civil war, with the ensuing international spillover, is simply unthinkable. That we take this for granted is extraordinary, given that for centuries Europeans have been ...

My tour of European austerity’s next stop is Germany. However, I have criticized austerity without putting it into context. I have simply assumed it is a bad thing, and avoided entering a discussion on what austerity is and does. This is unfair. So...

Austerity and its Discontents

My tour of European austerity’s next stop is Germany. However, I have criticized austerity without putting it into context. I have simply assumed it is a bad thing, and avoided entering a discussion on what austerity is and does. This is unfair. So...

I’m beginning to think all posts on Europe should fall into the category interesting times, partly in honor of Eric Hobsbawm. Our last piece of interesting news from the past month is the French budget for 2013. François Hollande’s initiation in...

La Rigueur

I’m beginning to think all posts on Europe should fall into the category interesting times, partly in honor of Eric Hobsbawm. Our last piece of interesting news from the past month is the French budget for 2013. François Hollande’s initiation in...

I meant to begin with a post on European Structural Funds. Structural Funds and regulation are the stereotypically dull issues European integration used to be about. Brussels bureaucrats bickering over the optimal way of manufacturing and getting rid...

The Coming Anarchy?

I meant to begin with a post on European Structural Funds. Structural Funds and regulation are the stereotypically dull issues European integration used to be about. Brussels bureaucrats bickering over the optimal way of manufacturing and getting rid...

Benjamin “Bibi” Netanyahu, classmate of Sr. Romney, has outdone himself. In what is now a legendarily cavalier portrait of recklessly reductive thinking on the topic of nuclear threat, Bibi holds a graphic poster of a simplistic bomb with...

Bibi’s Comically Terrifying “Red-Line Bomb”

Benjamin “Bibi” Netanyahu, classmate of Sr. Romney, has outdone himself. In what is now a legendarily cavalier portrait of recklessly reductive thinking on the topic of nuclear threat, Bibi holds a graphic poster of a simplistic bomb with...