Sitting here on the other side of the world, one is tempted to imagine that what happens in Europe matters little to Australians. We tend to rate as more significant our relationships with the United States and, more recently, East Asia.This is all the more so because we are fed a steady diet of negatives about Europe and the European Union from the proponents of orthodox economics. Whatever happens in the EU, they argue, is a result of following bad economic examples.US commentator Robert J. Sa…
