Interviewed by Institute President Rob Johnson, Princeton Professor Markus Brunnermeier — co-author of The Euro and the Battle of Ideas — sees the fate of the embattled European union as depending on the outcome of a battle of ideas between Germany and France. A conflict which revolves around key economic policy differences on questions such as rules vs. discretion, solidarity vs. liability, liquidity vs. solvency and austerity vs. stimulus.
A conflict which revolves around key economic policy differences on questions such as rules vs. discretion, solidarity vs. liability, liquidity vs. solvency and austerity vs. stimulus.
Interview Featuring
From the collection: Future of Europe