Mises Daily
Author:
Robert Mundell
Online Publish Date:
Robert Mundell of Columbia University is the 1999 Nobel Laureate in Economics. Professor Mundell is not an Austrian (he is usually considered to be a of the precious metals. The introduction of overvalued coinage provided a strong economic motive for the cultivation of a mystique. From its very beginning, probably Markets had become super sensitive to government attempts to manipulate the growth rate and the real value of currency. Entrepreneurs responded to inflation, not