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markk

markk

Currently reading

Thinking Wisely, Planning Boldly: The Higher Education and Training of Royal Navy Officers, 1919-39
Joseph Moretz
Progress: 141/528 pages
The Pursuit of Power: Europe 1815-1914
Richard J. Evans
Progress: 219/928 pages
Young Wilhelm: The Kaiser's Early Life, 1859-1888
John C. G. Röhl
Progress: 551/1016 pages

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

EuroTragedy A Drama in Nine Acts - Ashoka Mody

I will admit, this is a book that wore down my skepticism. In essence Mody's argument is that the single European currency was corrupted from the start by nationalism: by France's insistence on it as a way of shoring up their declining economic status, by Germany's unwillingness to accept the concomitant fiscal structure necessary to make a single currency function succeed across such diverse national economies, and by the insistence of smaller nations on joining the euro out of pride and a desire to belong. But his book is polemical AF; he has the economist's arrogance about politics in spades, and he underrates the consequences of rolling back the euro now.