Last week, Nathan Lewis had an analysis on his site.
Last month on the Kudlow Report, supply-side guru/euro father Robert Mundell explained the situation (“I don’t see how the economic crisis in Greece would affect the euro. This is a fiscal problem, not a problem of the euro. If California has a fiscal problem, this is a problem of California, not a problem of the dollar.")
For a deeper explanation of why fixed exchange rates are central to supply-side economics, here's Jude Wanniski's 1975 classic, "The Mundell-Laffer Hypothesis" from Irving Kristol's National Interest.
No comments:
Post a Comment