Lawrence Summers, president emeritus of Harvard University, argues that one of the main causes of the euro zone crisis was that people believed in “the triumph of politics over economics”. Learn why he thinks economics matters in a clip from The Economist’s annual Buttonwood Gathering.  

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    So many economic principles were not met in the development of the Eurozone…safe to say that politics did win out. Just...
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    While I agree with his statements, I hesitate to speak of the “law of economics" unless, of course, prefaced by the...
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