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Abstract

The most important legal milestones on the road to the single European currency were the Single European Act (SEA) of 1985 and the Maastricht Treaty of 1992.

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Notes

  1. Roland Vaubel, ‘The Euro and the German Veto’, in Econ Journal Watch, Vol. 7, No. 1, January 2010, p. 83.

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  2. Philipp Bagus, The Tragedy of the Euro (Ludwig van Mises Institute, Auburn, Alabama, 2010), p. 26.

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  3. Carmen Reinhart and Kenneth Rogoff, This Time Is Different: Eight Centuries of Financial Folly (Princeton, Princeton University Press, 2009), ch. 5, ‘Cycles of Sovereign Default On External Debt’ and chapter 6, tables 6.2 and 6.3.

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  4. David Marsh, The Euro: The Politics of the New Global Currency (New Haven, CT, Yale University Press, 2009), p. 137.

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  5. Bernard Connolly, The Rotten Heart of Europe: The Dirty War for Europe’s Money (London and Boston, Faber and Faber, 1995).

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  6. Joerg Guido Huelsmann, The Ethics of Money Production (Auburn, AL, Ludwig van Mises Institute, 2008), p. 149.

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  7. Henry Hazlitt, What you should know about inflation (New York, D. van Nostrand, 1960), ch.19.

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© 2014 Tillmann C. Lauk

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Lauk, T.C. (2014). Currency. In: The Triple Crisis of Western Capitalism. Palgrave Macmillan, London. https://doi.org/10.1057/9781137432964_3

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