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June 18, 2010

E pluribus bellum

I do not read The Economist anymore but I think Charlemagne's observation is worth filing away for future rhetorical ends. By some measures, Europe is more diverse than America.

Per-capita wealth in Mississippi, the poorest state, is almost two thirds the national average. But the poorest EU member, Bulgaria, stands at 38% of the union average. Mississippi is also the most religious state: folks there are three times more likely to go to church weekly than in Vermont (the most secular state). Well, three quarters of Maltese and two thirds of Poles go to church once a week: just 3% of Danes do the same. Mississippians are less likely than Californians to think global warming is a “very serious” problem, by 56% to 73%. Try Estonia, where just 42% think climate change is “very serious”, compared to 84% of Greeks.

From which a reasonable person might conclude a currency union was not going to work, let alone the political union for which a currency union was the fig leaf. Old Europe might have been worse but it is now becoming obvious that worse was better.

Posted by Ghost of a flea at June 18, 2010 11:29 AM