Posts Tagged ‘monetary union’

  • Thomas Sargent and Cutting the deficit

    Alexander Hamilton, George Washington and the Euro Zone

    Dec 13, 11 • 199 Views • Economic Debates, Economic History, Economic Thinkers, Financial Markets, Government, Macroeconomic Measurement, Money and Monetary Policy, Thinking EconomicallyNo Comments

    How to decide euro zone policy today? Just look at the U.S. between 1780 and 1840. Saturday, in his Nobel Prize lecture, economist Thomas J. Sargent compared the past U.S. to the current euro zone. He based his talk on 4 questions: Should governments default