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markk

markk

Currently reading

The Sinews of Habsburg Power: Lower Austria in a Fiscal-Military State 1650-1820
William D. Godsey Jr.
Progress: 69/448 pages
Pandora’s Box A History of the First World War
Jörn Leonhard, Patrick Camiller
Progress: 346/1104 pages
The Pursuit of Power: Europe 1815-1914
Richard J. Evans
Progress: 219/928 pages

Reading progress update: I've read 101 out of 672 pages.

EuroTragedy A Drama in Nine Acts - Ashoka Mody

What's emerging from Mody's book is a picture of now nationalism sabotaged the euro project. France advocated the euro as a way of shoring up their declining influence and economic standing, and Germany insisted on a monetary union without a concomitant fiscal structure because Germans did not want to finance the wealth transfer necessary to make the single currency work. It's a pretty dispiriting story all around.