During the global economic crisis, Germany has received more attention than probably most scholars and observers would have predicted. Early on, much attention was paid to the country’s purported decision to go the “austerity” rather than the “Keynesian” route; more recently scrutiny has been focused on its purportedly obstructionist role in the European Union’s meltdown. While both of these claims have some truth on the surface, neither really captures fully what is going on.
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sberman
Thanks so much for all the interesting and insightful comments, which have given me a lot to think about. Serious exchanges like this are truly an author’s dream. Although I would love to discuss each and every point, in the interests of sparing less-obsessed readers let me focus on some broad themes. [click to continue…]