Skip to Content

Tag Archives: Bundesbank

Rueff remembered

  Thinking about monetary and economic nationalism reminds one of the French economist Jacques Rueff (1898-1978). He strongly opposed economic fragmentation, nationalism and protectionism. He saw a good monetary system as a unifying force.   Shall we blame him for the euro? He did say, back in 1949,  that money would lead European integration: “L’Europe…
» Continue Reading

German power needs global fetters

    One side-effect of the comic opera that is the Hollande presidency of France is to knock it out, at least temporarily, as a serious counterpart to German strength in Europe. That is a coming challenge for the whole international community, not just for the European Community.   Germany is always portrayed as the…
» Continue Reading