Jul 02

EU leaders in a deadlock over top posts

The leaders are looking to name a new president of the EU's powerful executive arm, the European Commission, a president of the European Council and a foreign policy chief.

First, of course, are the political implications. Second, these are millions upon millions of people who were voting against their pocketbooks. The third shock is more personal: my apparent over-reliance on the prediction markets, and on economists like Justin Wolfers…