Tag Archives: Rueff
Does the ‘reserve’ dollar harm America?
For many years Lewis E. Lehrman and John D. Mueller have been calling attention to what they call the “reserve-currency curse.” Since some politicians and economists have recently insisted that the dollar’s official role as the world’s reserve currency is instead a great blessing, it is welcome that they have recently revisited the issue…
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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…
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