A dose of Euro-optimism

Notwithstanding a series of missteps and continued efforts to kick the debt can down the road, Europe will ultimately do what is necessary to save the Euro, argues Michael Hirsh. Whatever the economic cost, he says, the political imperative of union will prevail: [E]very European leader is grounded in his or her own history, and ...

By , a professor at Indiana University’s Hamilton Lugar School of Global and International Studies.

Notwithstanding a series of missteps and continued efforts to kick the debt can down the road, Europe will ultimately do what is necessary to save the Euro, argues Michael Hirsh. Whatever the economic cost, he says, the political imperative of union will prevail:

Notwithstanding a series of missteps and continued efforts to kick the debt can down the road, Europe will ultimately do what is necessary to save the Euro, argues Michael Hirsh. Whatever the economic cost, he says, the political imperative of union will prevail:

[E]very European leader is grounded in his or her own history, and the euro crisis has reawakened an existential angst that no one can afford to dismiss. The best bet is that the Europeans will head off a new existential crisis. After all, Europe isn’t just a continent of dithering bureaucrats and politicians, or of failed conquerors. It is also the continent of Bismarck, Descartes, Einstein–and Galileo.

David Bosco is a professor at Indiana University’s Hamilton Lugar School of Global and International Studies. He is the author of The Poseidon Project: The Struggle to Govern the World’s Oceans. Twitter: @multilateralist

Tag: EU

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