Wednesday, July 25, 2012

Gerard N. Magliocca — Penny Wise, Euro Foolish

The European Union has one of the world's most dysfunctional constitutions....
A single currency without central fiscal and regulatory institutions, though, is reviving national tensions in Europe. Moreover, the politics of harsh austerity in countries like Greece are the best friend the enemies of democracy could have.
Read it at Balkinization (very short)
Penny Wise, Euro Foolish
Gerard N. Magliocca

Constitutional lawyers get it.

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