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Europe's Economic Dilemma

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This text analyzes the reasons why the European Union's growth rate has fallen to little more than a third of its previous level. The book concludes that the major reason has been politically-driven attempts to lock currencies together in inappropriate economic circumstances. These have led to deflation, unemployment and falling investment and competitiveness as EU Member States, without exchange rate flexibility, have found themselves unable to compete with Germany.

Review: 'Economics is a practical art gone wrong...John Mills is different. A skilled and unusually lucid economist, his work is eminently practical...' - Austin Mitchell, MP '...It is a book of major importance, and a totally constructive contribution to the economic debate. Let me not merely recommend but beg or even command everyone to read it as soon as possible.' - Geoffrey Gardiner

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What is the cheapest price for Europe's Economic Dilemma?

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