Lars P. Syll — Why a monetary union cannot work without also being a political union

Summary:
Nicholas Kaldor foresaw what the would happen if the Eurocrats attempted to force a political union using an monetary economic one on top of the then existing common market.Lars P. Syll’s BlogWhy a monetary union cannot work without also being a political union Lars P. Syll | Professor, Malmo UniversitySee alsoThe mess at the heart of the EU

Topics:
Mike Norman considers the following as important: EZ, fiscal union, monetary union, optimal currency zone, political union

This could be interesting, too:

Mike Norman writes Dirk Ehnts – The Eurozone is Fully Committed to Modern Monetary Theory (MMT)

Mike Norman writes Bill Mitchell — Bundesbank remits record profits to German government while Greek health system fails

Mike Norman writes Bill Mitchell — The EU outdoes itself in the madness stakes

Mike Norman writes Eurozone 2020. Don’t mention the War! Bill Mitchell