
Europe Must Escape A Savings Trap, Not A Liquidity Trap
The anti-austerity vote in the European elections reflected two different kinds of discontent. One is a feeling of frustration, which is invigorating nationalism: the vote
Author profile
Andrea Terzi is a Professor of Economics at Franklin University Switzerland and a Research Associate at the Levy Economics Institute. He also lectures at Catholic University Milan. He is co-author and co-editor of 'Euroland and the World Economy. Global Player or Global Drag?' New York: Palgrave MacMillan, 2007. His website is www.ateconomics.com.

The anti-austerity vote in the European elections reflected two different kinds of discontent. One is a feeling of frustration, which is invigorating nationalism: the vote