One of really strange phenomena of peak euro angst around 2015 was the idea that a return to EMS would offer some kind of relief. It was, unsurprisingly, an idea more popular on the German left than elsewhere.
This paper by Höpner and Spielau nails it.
tandfonline.com/doi/full/10.10… https://t.co/XzMguhU080
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…