[cmcewen]

"Europe's policymakers have blundered in the control of a delicate machine, the workings of which they do not understand. They're not evil. But they're almost certainly wrong."

How does this columnist then believe that he understands the economy if policymakers are so clueless? If Spain's economic problems were so easy to fix that everybody could just read this article and solve them, they probably wouldn't exist in the first place.

[skylan_q]

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."

-F.A. Hayek

The author isn't claiming they know how to manage it better. He's just suggesting that their management, or philosophy of management isn't correct. (But maybe I'm giving the author too much credit!)