"... Today's European Union, with its deep integration spanning a variety of policy arenas long thought to be the sole purview of sovereign nations, is a surprising and anomalous political creature. Neither simply an intergovernmental organization nor a full-fledged nation-state, it has resisted simple categorization -- and has repeatedly defied the predictions of scholars and pundits..."
Kathleen R. McNamara in Foreign Affairs
http://www.foreignaffairs.com/features/readinglists/what-to-read-on-the-european-union
Comment: There are few areas in international political economy where false analyses, wrong predictions, disastrous recommendations, and absurd claims are so common as it has been the case with the European Union and the euro.
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