Europe’s next great mistake
José Manuel Barroso is wrong to suggest political reform based on a model that emerged from the UK.
Appeared in print on 10.01.2013
In constructing Europe’s monetary union, political leaders did not think through all of the implications, and this led to major design flaws. Worse, they do not appear to have learned from that experience, for they are about to take the same approach to the monetary union’s political analogue.