{"product_id":"the-euro-and-the-battle-markus-k-brunnermeier-9780691172927","title":"The Euro and the Battle of Ideas","description":"\u003cp\u003e\u003cb\u003eHow philosophical differences between Eurozone nations led to the Euro crisis--and where to go from here\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eWhy is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe's survival. \u003cp\u003e\u003c\/p\u003eAs the authors demonstrate, Germany, a federal state with strong regional governments, saw the Maastricht Treaty, the framework for the Euro, as a set of rules. France, on the other hand, with a more centralized system of government, saw the framework as flexible, to be overseen by governments. The authors discuss how the troubles faced by the Euro have led its member states to focus on national, as opposed to collective, responses, a reaction explained by the resurgence of the battle of economic ideas: rules vs. discretion, liability vs. solidarity, solvency vs. liquidity, austerity vs. stimulus. \u003cp\u003e\u003c\/p\u003eWeaving together economic analysis and historical reflection, \u003ci\u003eThe Euro and the Battle of Ideas \u003c\/i\u003eprovides a forensic investigation and a road map for Europe's future.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Markus K. Brunnermeier, Harold James, Jean-Pierre Landau\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0691172927\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780691172927\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Princeton University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/13\/2016\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 448\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.70lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.00w x 1.30d","brand":"Markus K. Brunnermeier","offers":[{"title":"Hardcover","offer_id":44227528720639,"sku":"9780691172927","price":35.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_fec61bca-de52-4f5f-9fc7-a3fa51b5d60c.jpg?v=1692809191","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-euro-and-the-battle-markus-k-brunnermeier-9780691172927","provider":"WR Book House","version":"1.0","type":"link"}