Exiting the Euro
The short-list for the Wolfson Economics Prize was announced yesterday. The prize, sponsored by Lord Wolfson, challenges economists to come up with a contingency plan for a (or is it "the"?) break-up of the Eurozone. You can learn about the ideas of the short-listed candidates over at the Policy Exchange website - click here.
Jurre Hermans, an 11-year-old Dutch boy, received a special mention for his contingency plan, which came with an explanatory diagram (see below). You can read Jurre's proposal here.
I am taking a break from blogging over the next few weeks unless something major happens!