Imagining an Optimal Language Area

Following the 5th Quarterly Meeting of Kaleidic Economics, we are releasing a report called "Imagining an Optimal Language Area". In it, we ask how the Euro has lasted this long; look at the legal implications of a Greek exit; contrast devaluation and deflation as misplaced panaceas; and discuss the possibilities for private money. 

We also use a chart to show some of the endgame scenarios, and reproduce the image below: