Mises Wire
Author:
Patrick Barron
Online Publish Date:
My advice for Greece and all of Europe in the wake of the Greek “no” vote : 1. Leave both the European Union (EU) and the European Monetary Union (EMU). These are very flawed institutions. In his prescient book Tragedy of the Euro , Professor Philip Bagus uses the term “misconstructed”, which I think is very descriptive of the EU and the EMU.