Thursday, November 15, 2007

Laurent on the Euro

Erstwhile "French Politics" contributor Éloi Laurent has many intelligent things to say about the euro in today's Le Monde.

Here are some related thoughts from Paul Krugman and Greg Mankiw, in agreement for once. Tyler Cowen takes a contrarian view, however. Cowen, like Laurent, notes the unsatisfactory state of the models used to predict exchange rate variations, on which Krugman is relying. Brad DeLong nevertheless seems to agree with Krugman.

For a diverting take on the fall of the dollar from a rather different point of view, see again Paul Krugman.

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