Two popular fallacies are thriving in a Europe of populism and diminished expectations. Many argue that Europe’s problem is a problem of leadership. Missing are statesmen with the stature of Helmut Kohl, Francois Mitterrand or Jacques Delors. Historical distance tends to elevate and idealize leaders of the past. In their time, critics denounced Kohl’s provincialism, Mitterrand’s financial illiteracy and Delors’s…