by Anders Åslund (Foreign Policy, November 8th 2013)
Sorry, but the New York Times‘ star columnist just doesn’t understand Europe.
Few have written more about the European financial crisis since 2008 than the Nobel laureate, New York Times columnist, and Princeton economics professor Paul Krugman. After five years, it is clear that the eurozone has survived contrary to his predictions and the countries that pursued fiscal discipline, contrary to Krugman’s advice, have done better — both economically and politically — than those that did not.
The AEC’s fundamental goal is to promote a free, responsible and prosperous society. Through education and improving public understanding of key economic questions, the AEC promotes the idea of a free market economy and the ideal of a free society.