Salvaging value from the euro wreck

MATTHEW LYNN

No matter how you look at it, the eurozone's economy needs a lift. One solution? Try reissuing the 1...

No matter how you look at it, the eurozone's economy needs a lift. One solution? Try reissuing the 12 national currencies that were replaced with just one. That might sound like it would destroy the euro. And yet it may be the only way of salvaging something from an experiment that looks more like a failure with every passing month. The euro was created as a point along the way to closer political union, a project started after World War II to make sure the main European nations never went to war with one another again. It was a solution to a historical problem, and one that worked prett...