UNWILLING AND UNABLE: A LETTER TO THE ECONOMIST (May 7, 2003)

The Escher spoof, Big Ben and all, on your cover (”Britain and the Euro,” May 3, 2003) is paradoxical alright: all the men ascending and descending the wonky stairs have nowhere to go. They are stranded on top of their inaccessible tower. Perhaps this is precisely where Britain will remain with respect to the euro: both unwilling and unable to join the European club.