It has to cut a shade deeper than that, I think. Arguing that Lisbon will help to get the EU back up to speed is all well and good, but there's a crucial difference between speed and velocity, in that velocity has a direction... We'll have to outline which direction Lisbon will speed us up in, and if that direction is not self-evidently A Good Direction(TM), we'll also have to make a reasonably convincing case that it's better than the direction the EU would drift if left to the undercurrents of history.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.