The fiscal union delusion

posted by
October 26, 2011
Competitive Enterprise Institute
by Fred L. Smith, Jr. and Iain Murray  
Posted in Commentary

"Any day now, the leaders of the euro zone will present a grand plan to prevent future fiscal or financial crises from threatening the single currency. Or so we are told. This is likely to include some step toward the buzzphrase of the season: 'fiscal union,' supposedly in the American model." (10/27/11)  

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