Newgeography.com | Economic, demographic, and political commentary about places. London Banker. The Financial Crisis: Will It Lead to America's Decline? Bio Niall Ferguson Niall Ferguson, MA, D.Phil., is the Laurence A. Tisch Professor of History at Harvard University. He is a resident faculty member of the Minda de Gunzburg Center for European Studies. He is also a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University. Mortimer Zuckerman Mortimer B. To download this program become a Front Row member. “One of the Fingers on the Button Will be German”: German Economic Preferences over EU Institutions and the Irish Economic Crisis.
Most of the contributions to this seminar begin with Germany’s internal politics and work outwards. This short piece instead emphasizes the external consequences, asking what they mean for European Union politics, taking Ireland as a test case. Ireland is the only ‘Anglo-Saxon’ member of an economic and monetary union which was built largely in order to match German preferences. Both its current crisis, and the ways in which Germany (and other EU member states) are seeking to respond to it, provide evidence about German preferences, and their intellectual and material limitations when they become generalized as policy prescriptions at the European level. Because Economic and Monetary Union only provides fiscal restraints, and no very useful means of intervening in private markets, Germany and other member states face stark limits in their ability to prevent, and even to respond to crises that originate in the private sector.
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