Quotesdtb.com
Home
Authors
Quotes of the day
Top quotes
Topics
Emu Quotes
A critical feature of the EU(European Union) in general and EMU in particular is that there is no legitimate way for a member to withdraw... The American experience with the secession of the South may contain some lessons about the danger of a treaty or constitution that has no exits.
Martin Feldstein
Instead of increasing intra-European harmony and global peace, the shift to EMU and the political integration that would follow it would be more likely to lead to increased conflicts within Europe.
Martin Feldstein
If there was ever a bad idea, EMU it is.
Rudiger Dornbusch
The most likely scenario is that EMU (Economic and Monetary Union of the European Union) will occur but will neither end Europe's currency troubles nor solve its prosperity problems.
Rudiger Dornbusch
The most serious criticism of EMU is that by abandoning exchange rate adjustments it transfers to the labor market the task of adjusting for competitiveness and relative prices... losses in output and employment (and pressure on the European central bank to inflate) will predominate.
Rudiger Dornbusch
Storytelling is a very old human skill that gives us an evolutionary advantage. If you can tell young people how you kill an emu, acted out in song or dance, or that Uncle George was eaten by a croc over there, don't go there to swim, then those young people don't have to find out by trial and error.
Margaret Atwood