{"product_id":"the-euro-how-a-common-currency-threatens-the-future-of-europe-9780393354102","title":"The Euro: How a Common Currency Threatens the Future of Europe","description":"When Nobel Prize-winning economist Joseph E. Stiglitz posed this question in the original edition of \u003cem\u003eThe Euro\u003c\/em\u003e, he lent much-needed clarity to a global debate that continues to this day. The euro was supposed to unify Europe and promote prosperity; in fact, it has done just the opposite. To save the European project, the euro may have to be abandoned. Since 2010, many of the 19 countries of Europe that share the euro currency--the eurozone--have been rocked by debt crises and mired in lasting stagnation, and the divergence between stronger and weaker economies has accelerated. In \u003cem\u003eThe Euro\u003c\/em\u003e, Joseph E. Stiglitz explains precisely why the eurozone has performed so poorly, so different from the expectations at its launch: at the core of the failure is the structure of the eurozone itself, the rules by which it is governed. Stiglitz reveals three potential paths forward: drastic structural reforms, not of the individual countries, but of the eurozone; a well-managed dissolution of the euro; or a bold new system dubbed the \"flexible euro.\" With trenchant analysis--and brand new material on Brexit--\u003cem\u003eThe Euro\u003c\/em\u003e is urgent and timely reading.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003e\u003ci\u003eStiglitz, Joseph E.:\u003c\/i\u003e\u003c\/b\u003e - Joseph E. Stiglitz is a Nobel Prize winning economist and the best-selling author of The Great Divide, Rewriting the Rules of the American Economy, The Price of Inequality, Freefall: America, Free Markets, and the Sinking of the World Economy, and Globalization and Its Discontents. He is a columnist for the New York Times and Project Syndicate and has written for Vanity Fair, Politico, The Atlantic, and Harper s. He teaches at Columbia University and lives in New York City.\u003cb\u003e\u003ci\u003eStiglitz, Joseph E.:\u003c\/i\u003e\u003c\/b\u003e - \u003cstrong\u003eJoseph E. Stiglitz\u003c\/strong\u003e is a Nobel Prize-winning economist and the best-selling author of \u003cem\u003eGlobalization and Its Discontents Revisited: Anti- Globalization in the Age of Trump\u003c\/em\u003e, \u003cem\u003eThe Price of Inequality\u003c\/em\u003e, and \u003cem\u003eFreefall\u003c\/em\u003e. He was chairman of the Council of Economic Advisers under President Clinton, chief economist of the World Bank, named by \u003cem\u003eTime\u003c\/em\u003e as one of the 100 most influential individuals in the world, and now teaches at Columbia University and is chief economist of the Roosevelt Institute.","brand":"W. W. Norton \u0026 Company","offers":[{"title":"Default Title","offer_id":50324044611858,"sku":"9780393354102","price":12.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_2c57d775-2148-4776-b5f0-5282361ea3e3.jpg?v=1727664926","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-euro-how-a-common-currency-threatens-the-future-of-europe-9780393354102","provider":"Surprise Castle","version":"1.0","type":"link"}