Archiv für 15. Januar 2007

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The EU War Baby

Back in 1942, a book called „The European Community“ was published. Its principal author, a Doctor of Economics, had argued in 1940 for a „Central European
Union“ and „European Economic Area“ and for fixed exchange rates – EMU in all but name. In this book, he wrote that „No nation in Europe can achieve on its own the highest level of economic freedom which is compatible with all social requirements…The formation of very large economic areas follows a natural law of development….interstate agreements in Europe will control [economic forces generally]…There must be a readiness to subordinate one’s own interests in certain cases to those of [the EC].“ (mehr …)