Author : Randall Weston Hinshaw
Publisher :
Page : 184 pages
File Size : 15,88 MB
Release : 1993
Category : Business & Economics
ISBN :
Book Description
International Monetary Issues after the Cold War offers a rare look at leading economists engaged in a spirited discussion of current and emerging issues. In this record of the eleventh "Bologna-Claremont" conference, fifteen leading scholars - including two Nobel laureates - discuss the U.S. recession, the problems created by German unification, the Western European monetary union, regional economic organization, and monetary stability in Eastern Europe. Participants were selected to represent differing points of view on controversial policy issues, as well as differences of opinion on "how the world works." A lightly edited transcript of the actual discussion, the book captures a remarkably lively and good-humored encounter. "All my life Milton has been trying to persuade me that we share the same model, " says Paul Samuelson of Milton Friedman. "He may think he's six inches away from me, but I think I'm six feet away from him. Milton and I, when we agree on our policy recommendations, do so for different reasons." Later he adds: "And I hope this goes on for another forty years."