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European leaders have let their own hubris dominate their response to the Greek crisis. A total bailout of Greece would only cost the European Union 2 per cent of its GDP

Danielsson, Jon (2012) European leaders have let their own hubris dominate their response to the Greek crisis. A total bailout of Greece would only cost the European Union 2 per cent of its GDP. LSE European Politics and Policy (EUROPP) Blog (21 Mar 2012) Blog Entry.

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Abstract

The European leaders who established the Euro were guilty of political hubris, which blinded their vision of the common good. Jon Danielsson argues that their successors are repeating the same mistake of ‘hubrisk’ in trying to resolve the sovereign debt crisis.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2012 The Author
Library of Congress subject classification: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
Sets: Departments > Finance
Collections > British Politics and Policy at LSE
Research centres and groups > Financial Markets Group (FMG)
Collections > LSE European Politics and Policy (EUROPP) Blog
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 04 Apr 2012 12:40
URL: http://eprints.lse.ac.uk/42976/

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