Post
Topic
Board Economics
Re: An Economist Predicts The Downfall Of The Eurozone
by
HeRetiK
on 18/05/2020, 07:47:28 UTC
I disagree with this view, competitions make countries specialized and become efficient. What you need is a free-market where goods and services can be traded with minimum restrictions. No need to create a government on top of legitimately elected governments, telling them to do stuff, etc.

A few things of note here though:
1) Introducing a common currency removed a lot of friction for exchanging goods and services within the Eurozone
2) The much hated normalization of product standards on EU level vs national level serves the same goal

And most importantly:
3) EU representatives are democratically elected by the citizens of its member states