All Posts Tagged With: "Euro"
The Euro: The Folly of Political Currency
The financial markets continue to surge and collapse based on the latest news from Europe. As of this writing, the big events are Slovakia’s unwillingness to contribute to a bailout fund and the failure of Dexia, a French-Belgian bank with assets of almost $700 billion. As the sovereign debt crisis has intensified in the last [...]
4Jan2012 | Robert P. Murphy | 3 comments | ContinuedGreece: The Canary in the U.S. Coal Mine?
With everything that was going on in the U.S. economy this past winter, the beginnings of the crisis facing the Greek economy were certainly easy to miss. As that crisis has now come to full flower, American observers overlook it at their peril: Greece’s problems, and those of other European countries, might well represent a [...]
29Jun2010 | Steven Horwitz | 13 comments | ContinuedWill the New Bailout Save Europe?
While Greece and other European countries have been facing disaster, it is nothing like the disaster that looms because the economic piper has yet to be paid.
12May2010 | William L. Anderson | 5 comments | ContinuedEurope: Still a Laggard Economy
There have been increasing signs of optimism from European economy watchers. After some years in the doldrums, with slow growth and rising unemployment, things appear to be looking up: labor markets are more efficient; growth was good for 2006; and the euro is doing well against the dollar after years of weakness following its inception [...]
1Mar2007 | Norman Barry | 0 comments | ContinuedThe Euro versus Currency Competition
It is now four years since the euro was introduced as a circulating currency in parts of the European Union. Both Europeans and others are becoming increasingly used to a single money in much of the continent. If the euro remains in use for another five or ten years people may well look back at [...]
1Jan2007 | Richard M. Ebeling | 0 comments | ContinuedYes or No to the Euro?
Karl Sigfrid is a graduate student in business administration and economics at Stockholm University in Sweden. Since many economists are skeptical about the new euro currency, European politicians have decided to make the issue about something other than economics. Some claim that the euro is a currency for peace, referring to the fact that the [...]
1Jul2003 | Karl Sigfrid | 3 comments | ContinuedEconomics on Trial
The Laffer Curve—the theory that when taxes are too high, reducing them would actually raise tax revenue—is dismissed. “When Reagan cut taxes after he was elected, the result was less revenue, not more,” reports Mankiw in his popular textbook.2 Never mind that tax revenues actually rose significantly every year of the Reagan administration; the perception is that supply-side economics has been discredited.
1Feb2000 | Mark Skousen | 0 comments | Continued-
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