Towards the end of last year, as the Eurozone crisis was reaching (yet another) climax, a number of journalists in the German quality press alerted their readers to an aspect of the crisis which had received scant attention so far: the euro crisis marked not only the failure of Europe’s central bankers, or Greek bureaucrats, or Italian non-taxpayers, or Angela Merkel (all depending on one’s perspective) – it also signified a comprehensive failure of intellectuals.
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