This paper looks at the short history of the Eurozone through the lens of an evolutionary approach to forming new … institutions. The euro has operated as a currency without a state, under the dominance of Germany. This has so far allowed the euro … to achieve a number of design objectives, and this may continue, as long as Germany does not shirk its growing …

Prior to July 2009, salaries of the members of the European Parliament were paid by their home country and there were … each member of the Parliament is pegged to 38.5% of a European Court judge's salary, paid by the EU. This created an … are independent of attendance to the Parliament. Using detailed information on each parliamentarian of the European …

At a time of historic challenges to the viability of the Eurozone, we assess the contribution of the EU and the Euro to …

exist in most Eurozone countries. Although the European Central Bank managed the euro in a way that achieved a low rate of … of productivity growth and competitiveness, (5) the special problems of Greece and Italy, (6) and the pros and cons of a … Greek departure from the Eurozone …

of France and Britain are also discussed …

pattern of the United States. In this paper we compare the US with Germany, Italy, the United Kingdom, and also with Canada … and fiscal reform, and the issuance by individual member states of debt indexed to nominal GDP …