Prof. Kim Schoenholtz on the European debt crisis
July 06, 2012
Excerpt from Bloomberg -- "'Europe’s problem is that it’s running out of time,' he [Schoenholtz] said. 'The question isn’t whether it’s plausible to imagine a Hamiltonian solution. The question is whether it’s plausible to imagine one that can be organized in the time that monetary union has.'"
Additional coverage appeared in San Francisco Chronicle.