Europe's Secret Success

    I'll be spending the next couple of days at a forum sponsored by the European Central Bank whose de facto topic - whatever it may say on the program - will be the destructive monetary muddle caused by the Continent's premature adoption of a single currency. What makes the story even sadder is that Europe's financial and macroeconomic woes have overshadowed its remarkable, unheralded longer-term success in an area in which it used to lag: job creation.

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