Milton Friedman and the Euro (Report)
By The Cato Journal
- Release Date: 2008-03-22
- Genre: Politics & Current Events
Description
Milton Friedman did not like the euro. In early 1999 I wrote to him mentioning my daughter Erika's thesis and, in a letter dated March 127 1999, he wrote back: I believe that the monetary-fiscal constitution adopted with the introduction of the European single currency is consistent with Friedman's intellectual legacy. Let me explain.