Posts Tagged ‘fiscal austerity’

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    Aspirin for the Euro Zone?

    May 8, 12 • 173 Views • Economic Debates, Economic History, Economic Thinkers, Financial Markets, Government, International Trade and Finance, Macroeconomic Measurement, Money and Monetary Policy, Regulation, Thinking Economically, UncategorizedNo Comments

    Tomorrow is Euro Day and it reminds me of aspirin. On May 9, 62 years ago, the French foreign minister proposed a limited economic partnership with West Germany. By the time the treaty was signed in 1951, the Netherlands, Luxembourg, Belgium and Italy had