Friedman Euro. The drive for the euro has been motivated by politics not economics. May 2004 08 31 milton friedman the nobel prize winning us economist and one of the most influential economists of the 20th century believes there is a strong possibility that the 12 member euro zone could collapse in the next few years.
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In the year leading up to the launch of the euro in 1999 friedman stated that he did not believe the eurozone could last ten years and even as late as december 2005 ã â â œ less than one year. If the existence of the euro induces a major increase in flexibility the euro will prosper. Friedman s innovative designs and meticulous construction have made him legendary in the world of professional touring musicians while earning him a loyal.
Robert mundell sometimes called the father of the euro saw it as a great leap forward.
May 2004 08 31 milton friedman the nobel prize winning us economist and one of the most influential economists of the 20th century believes there is a strong possibility that the 12 member euro zone could collapse in the next few years. Among the general public milton friedman is mostly remembered for the libertarian views outlined on his pbs show free to choose. Milton friedman foresaw conflict. The drive for the euro has been motivated by politics not economics.
