Europe's Orphan The Future of the Euro and the Politics of Debt
Produktdetaljer
Biografisk notat
Martin Sandbu has been writing about economics for the Financial Times since 2009. Formerly the newspaper's economics leader writer, he currently writes the newspaper's Free Lunch premium economics newsletter. Previously, he was a senior research fellow at the Zicklin Center for Business Ethics Research at the Wharton School of the University of Pennsylvania. He is the author of Just Business: Arguments in Business Ethics.One of Financial Times (FT.com) Best Books in Economics 2015, chosen by Martin Wolf "Refreshingly eccentric."--Wolfgang Streeck, London Review of Books "Well-written and closely argued, Europe's Orphan ought to delight the smarter supporters of European integration and will challenge some long-held assumptions of their euroskeptic opponents, not least the perception that the currency union has gnawed away at the international competitiveness of the eurozone's weaker economies."--Andrew Stuttaford, Wall Street Journal "[A] stimulating and entertaining book... [Sandbu] has performed a public service by challenging the present dreary consensus on the fate of the euro and, in his final chapter, by reminding us what the single currency was for."--Richard Lambert, Prospect "Financial Times writer Sandbu (Just Business) looks past current headlines to the ideals and realpolitik strategy behind the Eurozone, arguing that it remains Europe's best hope for preserving global relevance... The book cogently explains why scapegoating the euro for Europe's economic and political disunity is nonsense."--Publishers Weekly "Books that attack the conventional wisdom are refreshing. They force us to rethink. That is what Martin Sandbu's Europe's Orphan does--and what makes it stand out in the increasingly crowded field of eurocrisis analysis... Europe's Orphan is a stimulating and important book."--Paul De Grauwe, Financial Times "[T]his is ... a highly intelligent, thought provoking book, to be read by anyone who follows contemporary macroeconomic policy."--Tyler Cowen, Marginal Revolution "Martin Sandbu's book is a robust and generally well-informed critique of the handling of the euro-area crisis."--Patrick Honohan, Irish Times "The book provides a sophisticated 'liquidationist' alternative to the dominant rhetoric."--Martin Wolf, Financial Times, a FT Best Book of 2015 "[A] valuable recent book on the Euro crisis."--Arthur Goldhammer, The American Prospect "Intelligent, well-sourced, controversial."--Anders Horntvedt, Finansavisen "These provocative and insightful arguments are particularly valuable at a time when austerity retains its intellectual luster despite its manifest failures."--Andrew Moravcsik, Foreign Affairs "A spirited defense and a thoughtful reinterpretation of the eurozone's unpromising recent history."--Mark Harrison, Enterprising Investor
"An extremely original take on the eurozone crisis, Europe's Orphan boldly tackles the conventional wisdom that the common currency is a disastrous halfway house. Europe's woes do not lie in its weak central institutions, but in its poor macroeconomic framework and moralistic resistance to debt write-downs. With better policies, Martin Sandbu argues, the eurozone can thrive in its current form. Indeed, the UK should stop gloating and join. Brilliant and profoundly provocative, Sandbu's book will surely influence the debate on the future of Europe."—Kenneth Rogoff, Harvard University and coauthor of This Time Is Different
"With its novel interpretation of events and policies, Europe's Orphan offers a refreshing discussion of the recent financial crisis in Europe and the failed attempts to solve it."—Thorsten Beck, Cass Business School, City University London
"This is a timely book with a striking message. It argues that the apparent failure of the euro can be attributed to specific policy mistakes rather than inherent weaknesses, and that those mistakes could be set right, saving the single currency."—Diane Coyle, author of GDP: A Brief but Affectionate History
"Discussing the eurozone crisis, Europe's Orphan contends that the euro was not the culprit and if anything, the crisis would have been worse without it. It is a gutsy and provocative work."—Ugo Panizza, Graduate Institute of International and Development Studies
"With an unconventional perspective and new information, Sandbu provides a powerful, consistent, and comprehensive overview of the eurozone crisis. Telling the story as a clash between creditors and debtors that inevitably becomes ever more bitter, this lively account will interest a wide audience."—Harold James, author of Europe Reborn: A History, 1914–2000