Can Europe Be Saved?

[lsanderson]

ATHENS Protests against austerity measures brought international travel and public services to a standstill on Dec. 15.
By PAUL KRUGMAN
Published: January 12, 2011

THERE’S SOMETHING peculiarly apt about the fact that the current European crisis began in Greece. For Europe’s woes have all the aspects of a classical Greek tragedy, in which a man of noble character is undone by the fatal flaw of hubris. More