The European Economy Since 1945 and Beyond

Via CaryGEE,

Sheri Berman, of political science fame at Barnard College,

captivates our attention with a New York Times book review
of axe-bearing Berkeley economist Barry Eichengreen's

"The European Economy since 1945: Coordinated Capitalism and Beyond".

It is definitely a book which we are adding to our reading list, and not because we share with Eichengreen the experience of once having been a Fellow in Kiel, Germany.

We live in Europe and can applaud whole-heartedly Eichengreen's correct observation that capitalism alone is not enough to run a successful and effective capitalist system - you also have to have the modern institutions required to run such a system - and these are often sorely lacking in many parts of Europe.