How much we owe to good teachers, good education, and good advice! Robert Mundell adviceeducationgood Change image and share on social
The price of gold was fixed at $35 an ounce in 1934, but by the time the U.S. got through the Korean War, the Vietnam war, with all the associated secular inflation, the price level had gone up nearly three times. Robert Mundell fixgoldinflation share on social
It's a lethal thing to suddenly raise taxes. Robert Mundell lethalraisesuddenly Change image and share on social
I have never believed that central banks should have rigid inflation targeting. That is not a good thing to stabilize. There is nothing in economic theory to back this. Robert Mundell backbankbelieve Change image and share on social
I took high school very casually. There was Teen Town, chess, tennis, boxing, running. Lots of things going on. Robert Mundell boxcasuallychess Change image and share on social
The United States can't keep a completely open system if the rest of the world is less open. The United States may have to take a leaf out of the book of Japan, China, and Germany, and have protectionism inside the system. Robert Mundell bookchinacompletely share on social
Monetary discipline forces fiscal discipline on the politicians as well. Robert Mundell disciplinefiscalforce Change image and share on social
It's political glue inside Europe to keep it together - the euro is the best thing going for it since the creation of the common market. Robert Mundell commoncreationeuro Change image and share on social
