# In an op-ed, Prof. Thomas Cooley & Peter Rupert discuss the economy using their European snapshot

1 Faculty News September 10, 2012 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters](http://blogs.reuters.com/great-debate/2012/09/10/this-economy-could-be-as-good-as-it-gets/) -- "The important policy question to ask now is which structural reforms and investments in human capital can make our longer-term growth options better. If we focus on quick monetary or stimulus fixes rather than those questions, then we can’t expect anything better than this slow, painful recovery."

[Read more](http://blogs.reuters.com/great-debate/2012/09/10/this-economy-could-be-as-good-as-it-gets/)