Thursday, 31 May 2012

Crisis in the Eurozone

A controversial call to break up the Eurozone and stop the debt crisis.
Building on his work as a leading member of the renowned Research on Money and Finance group, Costas Lapavitsas argues that European austerity is counterproductive. Cutbacks in public spending will mean a longer, deeper recession, worsen the burden of debt, further imperil banks, and may soon spell the end of monetary union itself.


“This book is indispensable for anyone trying to make sense of the European Union’s implosion.”
– Alex Callinicos, Professor of European Studies, King’s College London.

“Crisis in the Eurozone combines the urgency of front-line reporting with insightful detail about the players involved and mechanisms at work”.
– Gary A. Dymski, Professor of Economics, University of California, Riverside.

“The most comprehensive, thoughtful, and insightful dissection of the Eurozone’s problems. If you could only read one item on this momentous crisis, this book would be it.”
– Stergios Skaperdas, Professor of Economics, University of California, Irvine.