The Euro Is Going To Be A

Complete Free Trade Is Not Politically Feasible. Why? Because It's Only In The General Interest And In No One's Special Interest.

The Great Depression Was Not A Sign Of The Failure Of Monetary Policy Or A Result Of The Failure Of The Market System As Was Widely Interpreted. It Was Instead A Consequence Of A Very Serious Government Failure, In Particular A Failure In The Monetary Authorities To Do What They'd Initially Been Set Up To Do.

I Believe That The Monetary Stability Is An Absolutely Critical Element In The Satisfactory Operation Of A System.

When A Private Enterprise Fails, It Is Closed Down; When A Government Enterprise Fails, It Is Expanded. Isn't That Exactly What's Been Happening With Drugs?

No Major Institution In The Us Has So Poor A Record Of Performance Over So Long A Period As The Federal Reserve, Yet So High A Public Reputation.