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What reforms does Europe need to restore dynamism to its economy? How could it implement them in a way that would be palatable to the public and politicians alike? To address the complex issues of how, we decided to throw the second question open to a much larger global audience by crowdsourcing the answer.

The result was an essay contest: the MGI Opportunity for Europe. Launched in March 2016, it offered a first prize of €60,000 for ideas to translate economic theory into political measures that would both appeal to voters and help restore Europe's pep. The contest also offered a...

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