TANGO WITH THE LINGO:
WHERE THEY’RE TALKING ABOUT
MAKING THE LEAP!

Patrick Artus, professor of economics at University of Paris 1 Panthéon-Sorbonne and a leading French corporate economist, thinks the governments and institutions of the eurozone need to make several significant institutional leaps if they are going to get the continent out of its negative economic spiral. His thoughts are titled—drum roll, please—”Making the leap” and appear in the International Financial Review. He suggests starting with these two leaps: (1) joint financing by eurozone countries and (2) a shift from a union limited to reactions to financial crises to a union aimed at restoring the real economies. LEAP!psych wholeheartedly endorses both ideas, based on our reading of the analysis and recommendations of other economic commentators like The New York TimesPaul Krugman.

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