Edward P. Lazear: The Euro Crisis—Doubting the 'Domino' Effect - WSJ.com

Edward P. Lazear: The Euro Crisis—Doubting the 'Domino' Effect - WSJ.com: "After Lehman, Europeans seem to be so taken with worries of contagion that they are failing to emphasize remedies that actually have a chance of making things better. In their case, and in ours, the solution is primarily a reduction in the bloated size of government expenditures that come about by making promises that cannot be kept."

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