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Today in History: The Euro Debuts 

Bitcoin, the first cryptocurrency, a decentralized, worldwide payment system, has been topping the news, but looking a little further back to milestones in economic and political history.... did you know that on January 4, 1999 the euro debuted as the new financial unit of eleven European nations (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, …

Posted 19 months ago by

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Eurozone Re-Examined 

As European leaders meet in Davos this week, I have some advice for them and for policy makers and analysts. The current debt crisis in Europe has no fiscal solution. This is because at its root, it is not merely a fiscal problem. Imagine if Alexis De Tocqueville were alive today and traveled southbound in …

Posted 92 months ago by

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