Economic Policies — Old and New?
Chris Allsopp has given a broad and brilliant overview of the subject — there is even more in the paper — that it is indeed a tough act to follow. There are many points and views I can agree with, even though he diverges from the mainstream of the literature in several respects. Allow me to make one general critical remark: Allsopp presents a pronounced UK view on the issue. And as the UK is somewhat special in many instances, and its separation from the continent goes beyond geography in certain aspects, his picture is not always completely in line with a “continental interpretation”.
KeywordsEconomic Policy Monetary Policy Austrian Economy Monetary Union Policy Advice
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