Saturday , April 19 2025
Home / Mike Norman Economics / The Concept of an Optimal Currency Area, and why the EU has failed to create it. — Carlos García Hernández

The Concept of an Optimal Currency Area, and why the EU has failed to create it. — Carlos García Hernández

Summary:
In his book “Eurozone Dystopia”, Bill Mitchell quotes the three conditions that Mundell believed were necessary to achieve an OCA...From the outset, and today more than ever, it was clear that none of these three conditions is even remotely fulfilled in Europe....The Gower Initiative for Modern Money StudiesThe Concept of an Optimal Currency Area, and why the EU has failed to create it.Carlos García Hernández

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

 In his book “Eurozone Dystopia”, Bill Mitchell quotes the three conditions that Mundell believed were necessary to achieve an OCA...

From the outset, and today more than ever, it was clear that none of these three conditions is even remotely fulfilled in Europe....

The Gower Initiative for Modern Money Studies
The Concept of an Optimal Currency Area, and why the EU has failed to create it.
Carlos García Hernández

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *