Monday 23 October 2017

Stephen Kinsella: Greece can never cut links with its European family

In 1915 Robert Frost wrote 'The Death of the Hired Man'. Frost wrote that "home is the place where, when you have to go there, they have to take you in". Frost also defined home as "something you somehow haven't to deserve". I think there is something deep in Frost's words, and I think we can apply Frost's idea and his definitions to the understanding of Europe's crisis.

The important question for Europe now is how it sees itself. This self-definition matters because it guides choices, and choices become actions, in this case with important consequences. Is the eurozone a club? A federation? A family?

'Instapundits' abound in the coverage of the Greek situation, which is why I've stayed away from commenting on the unfolding mess until now. Pundits generate more heat than light, generally, but there is a very important point I feel has not been made yet.

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