Jorden runt på 52 dagar

Europe's becoming integrated, we learnt that this fall
with so many countries, isn't that good overall?
Starting with six in the Treaty of Rome,
now 27 feel the EU as their home.

Or do they, is it worth all the money they spent
in Brussels, to the weak European Parliament?
What national freedom do they have as a rest
after performing the subsidiary test?

Welfare was lowered by quotas and taxes.
A customs union those burdens relaxes.

Products and capital are now free to flow
but for labor, people, it's not necessarily so.

Twelve more committed joined in the euro-boat
most of the others let their currencies float.

Then, fiscal policy may not work so well,

according to the model by Fleming and Mundell.

Liberalisation of networks, was the Commission's vision:
efficiency is enhanced by more competition!

But what about economies of scale and the USO?
More regulation could rather be the way to go.

Maybe you students sometimes felt lost?

Entry barriers high and your time a sunk cost.
The textbook was thick and the teacher demanding
but hopefully you ended with deeper understanding.

Now it's all over ... except the exam,
this visiting Swede, now you know who I am.

You may exit slowly, or as a sprinter.

School's out for winter!