Rather than complaining about ECB policy, the Germans should be thankful for what the single currency, and Mario Draghi, have given it, writes the FT's Martin Wolf.
"To think that two and two are four/And neither five nor three/The heart of man has long been sore/And long ’tis like to be.”
Anybody thinking about the economy needs to recall these lines by the English poet AE Housman. Things must add up. The question is how. People responsible for large economies cannot ignore this.
Loading...
Financial Times
Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the Commander of the British Empire in 2000 “for services to financial journalism”.
