Was 1356 the Greatest Year in European History?

Was 1356 the Greatest Year in European History?

Back in 2012, I wrote a detailed article explaining that Europe became rich in part because Europe didn’t exist. The geographic landmass of Europe existed, of course, but the continent was characterized by massive political fragmentation. And this absence of...
Europe’s Next Fiscal Crisis

Europe’s Next Fiscal Crisis

When I tell journalists and politicians that the European fiscal situation is worse today than it was immediately prior to the crisis, they don’t believe me. What about all the spending cuts, they ask? What about the draconian austerity? And the Troika-imposed fiscal...