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A Broadway musical's lessons for Europe

It has resonance for policymakers, especially technocrats at European Central Bank

Mohamed A El-Erian 

If you haven’t already seen the amazing Broadway musical Dear Evan Hansen, you should make plans to do so. The show features superb acting, directing, music, plot, singing and staging — all in service to a story that speaks to us in many ways, and is easy to connect to. It may even have its greatest resonance for policymakers, and especially the dedicated technocrats at the European Central Bank (ECB). The plot involves an outsider, who stumbles into a lie that grows bigger and bigger over time and, in the process, drags in more people. The falsehood is substantially ...

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First Published: Tue, January 03 2017. 22:38 IST