2012-11-08

Cato: Nobel Peace Prize to the EU Is a Farce


The Nobel Peace Prize Committee has awarded the 2012 Nobel Peace Prize to the European Unionfor “keeping peace in Europe.” The committee has now turned the award into a farce. But few people are laughing.
The Committee has ignored the important role that the North Atlantic Treaty Organization (NATO) and the United States have played in keeping Europe at peace throughout the Cold War. While it is true that the free trade agreements among the EU countries have led to more prosperity and cooperation, other EU initiatives have exacerbated Europe’s problems and ancient animosities.

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