The Tragedy of the Euro – PDF Download

Via http://www.zerohedge.com/news/wsj-dsk-disunion-and-dismal-dithering-europe

The Tragedy of the Euro, by Phillip Bagus  (English Translation of Die Tragödie des Euro)

There has been a fight between the advocates of two different ideals from the beginning of the European Union. Which stance it should adopt: the classical liberal vision, or the socialist vision of Europe? The introduction of the Euro has played a key role in the strategies of these two visions. In order to understand the tragedy of the Euro and its history, it is important to be familiar with these two diverging, and underlying visions and tensions that have come to the fore in the face of a single currency.