Built on the idea of unifying Europe to end its wars and ensure economic prosperity, the eurozone was born in 1993,
Before the euro, European states related to each other through wars and treaties, with the occasional intervention of the Vatican to provide religious unity until the Protestant Reformation. The European Union is the first arrangement since World War II that has broken Europe’s rinse-repeat pattern of wars and treaties.
The Nobel Committee tamped down the talk of exits with the Prize. Its purpose was to remind the continent of the finest and best moments of its currency union: the long warless stretch in Europe, the steady end of genocides and tribal hatreds, the rise of democratically elected governments to keep tyrants and dictators at bay at last.
“In this time of economic and social unrest, the Norwegian Nobel Committee wished to reward the EU’s successful struggle for peace, reconciliation and for democracy and human rights,” the Committee wrote pointedly.
The Nobel Committee stepped into the fray of squabbling countries, each drawing back their fangs to protect their national borders as they had done for centuries, and quieted their threats of divorce.
Their premise: that the mere prestige of being in the euro had saved human lives. That democracy was worth protecting.
I have previously speculated on whether Ms. Moore’s appearance at Mashable was because her economic journalism was not up to the high standards expected at The Guardian. I have recently learned the answer.