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With markets on edge over the huge debt mountains that built up in Europe and the United States during the global financial crisis, 17 economics Nobel Prize winners gathered this week on the picturesque island of Lindau on Lake Constance in southern Germany to discuss the discipline.

Among them are Joseph Stiglitz, who shared the 2001 Nobel Prize for work on how markets cope with asymmetric information, Myron Scholes, who won in 1997 for his work on derivatives, and Robert Mundell, a winner in 1999 for his analysis of optimum currency areas.

 

To read the full, original article click on this link: Economists reckon euro zone will survive | EurActiv