![Neo-Calvinists and the euro crisis Neo-Calvinists and the euro crisis](https://www.cer.eu/sites/default/files/styles/spotlight/public/images/spotlight/in_the_press/2011/sinking_euro_sl_0.jpg?itok=BtVhbDvy)
Neo-Calvinists and the euro crisis
Paul Krugman says "A very good essay by the CER warn(s) of the consequences of relying on the North European interpretation of the eurozone crisis”, which essentially sees the crisis as a morality tale, pitting those who sinned against those who stuck to the path of virtue.