It is with good reason that the economic historian Adam Tooze has castigated European Union technocrats as “the Taliban of neoliberalism” for their intransigent attachment to market principles in an age that has declared them obsolete. Jettisoning this dogma is crucial; loosening the fiscal rules for member states would facilitate economic catch-up, on the back of a serious strategy of public investment.
~ Anton Jäger via The New York Times

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