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February 10, 2011
Posted by David Zaring
Perhaps it's time to catch up on a few observations by fellow academics.
- Daniel Drezner argues that Europe is likely to come out of the current crisis pursuing even more integration, and I must say, I'm betting on that as well. It's all well and good to decry the loss of control over monetary policy that the Euro represents, but it's also quite the form of status quo bias (and the decrying is the province of the always far-seeing macroeconomists, for that matter). In fact, I can't really see how seeking the Euro breakup is different than arguing that Massachusetts ought to be able to mint its own fiat Romneys, or whatever, oh, and also reinstall border controls and implement free trade policies with other states in its own unique fashion. And if that seems silly, why would Portugal want to do the same thing?
- Stephen Bainbridge is now distinguished, and not just by his impressive holiday recipes.
- And Brian Galle opens what - as he himself will tell you - is a sure to be transfixing series of posts on unemployment insurance, which I'm sure he seeks to own the way I own American foreign investment regulation.
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