Spain has frittered away its chances for economic development for the second time. The first was after it discovered the Americas in 1492, and the second was after it joined the European Union in 1986. The anti-economic thinking that has dominated Spain is rooted in its history and culture. Excerpts.
Tuesday, June 5, 2012
Spain: Five hundred years of crisis
Spain has frittered away its chances for economic development for the second time. The first was after it discovered the Americas in 1492, and the second was after it joined the European Union in 1986. The anti-economic thinking that has dominated Spain is rooted in its history and culture. Excerpts.
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