Tag Archives: Maastricht Treaty

Euro – Quo Vadis? How much more punishment will Europeans take to defend the misconceived Euro currency – asks Wolfgang Kasper

May 16, 2013

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This image is derived from  Printer Mario Draghi © 2012 by Ondrej Kloucek, used under a  Creative Commons Attribution-ShareAlike license. This derivative, by Wolfgang Kasper, is licensed under the same  Creative Commons Attribution-ShareAlike license .

This image is derived from Printer Mario Draghi © 2012 by Ondrej Kloucek, used under a Creative Commons Attribution-ShareAlike license. This derivative, by Wolfgang Kasper, is licensed under the same Creative Commons Attribution-ShareAlike license .

The Eurozone is in crisis, and only bold reforms can tackle the root causes.  In the following article, Wolfgang Kasper explains why we should be tuning the clock back to before the Maasstricht Treaty, and proposes that an understanding of institutional economics is crucial in order to comprehend the current politico-economic predicament.

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