[lbo-talk] Progressive articles on European financial crisis?

Carl G. Estabrook galliher at illinois.edu
Sat Nov 12 14:23:56 PST 2011


John Lanchester, "I.O.U.: Why Everyone Owes Everyone and No One Can Pay."

Lanchester is a novelist and can write. Most economists can't. (Doug obviously is an exception.)

On Nov 12, 2011, at 3:28 PM, Doug Henwood wrote:


>
> On Nov 12, 2011, at 4:07 PM, Rick wrote:
>
>> Hi -- can anyone recommend where I can go online to read a good,
>> thorough, historical analysis of the financial crisis in Europe?
>> I'm not trained in economics so I'd need something intended for the
>> layperson. I know the standard right-wing perspectives and have
>> been seeing it everywhere in the mainstream media, and I just read
>> Paul Krugman's rebuttal of some of those claims in Friday's NYT,
>> but I don't know where to get a solid, complete left-wing analysis.
>> Krugman suggests that a big part of the problem is the inability of
>> the Eurozone countries to borrow in their own currency or print
>> their own money, but I know there's more to it than that.
>
> A little old, but still:
>
> http://www.leftbusinessobserver.com/OldEurope.html
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