All Commentary
Friday, December 9, 2011

Negotiations Lead to European Agreement


“Leaders of 26 European countries, including the 17 nations that use the euro, agreed Friday to a new pact with strict caps on government spending and borrowing to shore up the foundations of the currency, with only euro-skeptic Britain rejecting the pact.” (Washington Post)

But will the caps hold?

FEE Timely Classic
“Greece: The Canary in the U.S. Coal Mine?” by Steven Horwitz