Reddit reviews Tragedy of the Euro

>In [the classical liberal] vision [of the EU] there would be no need to create a European superstate. In fact, the classical liberal vision is highly sceptical of a central European state; it is considered detrimental to individual liberty. Philosophically speaking, many defenders of this vision are inspired by Catholicism, and borders of the European community are defined by Christianity. In line with Catholic social teaching, a principle of subsidiarity should prevail: problems should be solved at the lowest and least concentrated level possible. The only centralized European institution acceptable would be a European Court of Justice, its activities restricted to super vising conflicts between member states, and guaranteeing the four basic liberties.

>From the classical liberal point of view, there should be many competing political systems, as has been the case in Europe of centuries. In the Middle Ages and until the nineteenth century, there existed very different political systems, such as independent cities of Flanders, Germany and Northern Italy. There were Kingdoms such as Bavaria or Saxony, and there were Republics such as Venice. Political diversity was demonstrated most clearly in the strongly decentralized Germany. Under a culture of diversity and pluralism, science and industry flourished.

-- Philip Bagus, The Tragedy of the Euro