The Corner

The Upside of the Euro

I’ve long been a euro-skeptic (and a Euroskeptic). But Brian Wesbury and Robert Stein remind us of an advantage of the euro: By making it impossible for the Greek government to solve its problems through devaluation, it forces the public sector to bear more of the pain of economic adjustment. (Warning: Forbes’s Northwestern Mutual ad could hardly be more annoying.)

Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.

Most Popular

White House

For Democrats, the Party’s Over

If the Democrats are really tempted by impeachment, bring it on. Since the day after the 2016 election they have been threatening this, placing their chips on the Russian-collusion fantasy and then on the phantasmagoric charade of obstruction of justice. The attorney general accurately gave the ingredients of the ... Read More

The 24 Democrats

Every presidential primary ends with one winner and a lot of losers. Some might argue that one or two once-little-known candidates who overperform low expectations get to enjoy a form of moral victory. (Ben Carson and Rick Perry might be happy how the 2016 cycle ended, with both taking roles in Trump’s cabinet. ... Read More