Dreams are but shadows

[Brad De Long]

>The Neue Zurcher Zeitung (NZZ), Swiss flagship of brilliant bourgeois
>journalism in Europe, publishes a special "Stock Markets and Financial
>Markets 1998" in its first issue of 1999 (January 4th), adding some
>articles to the launch of the Euro.
>
>The heading of the leading article runs "Der Traum von einer neuen
>Finanzarchitektur" [The Dream of a New Financial Architecture]. It is
>written by J. Bradford DeLong. The author concludes his contribution by
>stating that "dreams of a basically rebuilt, reformed and renewed
>international financial architecture are but shadows."

Glad you saw it... What do you think?

Brad DeLong