Holger Schmieding: "Thatcher, Merkel and the Euro" | "EE" | Economics & Economists - İktisat & İktisatçılar | Scoop.it

Love her or hate her, it cannot be denied that Margaret Thatcher, who died Monday, completely transformed the economic fortunes of the United Kingdom. The reforms of her 11-year turn as prime minister traded short-term pain for long-term benefits. This legacy, Holger Schmieding argues, is one that Europe's periphery needs to embrace in order to turn around its own fortunes.