Milton Friedman Euro. Some first principles morgan guaranty survey october 1969 4 15. Despite being a free trade area goods and capital move less freely than in the united states.
2 having citizens feeling far greater loyalty and attachment to their own country than to a common market or to the idea of europe. In the following commentary published two years before the introduction of the euro in 1999 the nobel laureate economist milton friedman offered a concise but comprehensive explanation of why the european union would be ill suited for a single currency. Despite being a free trade area goods and capital move less freely than in the united states.
By milton friedman project syndicate august 28 1997.
Among economists he is best known for his monetarist position on. From the collected works of milton friedman compiled and edited by robert leeson and charles g. He didnã â â t like it and he felt that it was unlikely to. Among economists he is best known for his monetarist position on.
