Maastricht and All That

Wynne Godley joined the Treasury, where he reached the rank of Under-Secretary; in 1970 he became a fellow of King’s College, Cambridge and, later, was appointed director of the Department of Applied Economics. He died in May 2010

 

Profetic piece of work and I quote:

It needs to be emphasised at the start that the establishment of a single currency in the EC would indeed bring to an end the sovereignty of its component nations and their power to take independent action on major issues

Please read the journal at:

http://www.lrb.co.uk/v14/n19/wynne-godley/maastricht-and-all-that