The Euro and the Gold Standard: What are the Lessons?
Anders Ögren and
Lars Fredrik Øksendal
Chapter 12 in The Gold Standard Peripheries, 2012, pp 231-244 from Palgrave Macmillan
Abstract:
Abstract The comparative advantage of the historical profession is undoubtedly the past. Insights into the past are important for understanding the present, but do not easily translate into well-founded forecasts for the future. Moreover, historians, and even economic historians with legs both in the humanities and in the social sciences, are by inclination reluctant to see further ahead. Often, historians are better equipped for asking the right questions than making bold predictions.
Keywords: Monetary Policy; Central Bank; Public Debt; Monetary Union; International Capital Market (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-36231-4_12
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DOI: 10.1057/9780230362314_12
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