Phrase by 'Robert Mundell'
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The whole idea of having a free trade area when you have gyrating exchange rates doesn't make sense at all. It just spoils the effect of any kind of free trade agreement.
Author: Robert Mundell - Canadian EconomistYou , Just , Free , Trade
It's a lethal thing to suddenly raise taxes.
Author: Robert Mundell - Canadian EconomistThing , Raise , Taxes , Suddenly
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.
Author: Robert Mundell - Canadian EconomistNever , Back , Nothing , Good
The public is looking for free lunches, and the political competition for votes makes the politicians offer them free lunches.
Author: Robert Mundell - Canadian EconomistLooking , Political , Free , Competition
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.
Author: Robert Mundell - Canadian EconomistBest , Political , Together , Creation
The most important initiative you could take to improve the world economy would be to stabilize the dollar-euro rate.
Author: Robert Mundell - Canadian EconomistYou , World , Important , Initiative
The benefits from a world currency would be enormous.
Author: Robert Mundell - Canadian EconomistWorld , Would , Benefits , Currency
I took high school very casually. There was Teen Town, chess, tennis, boxing, running. Lots of things going on.
Author: Robert Mundell - Canadian EconomistSchool , High School , Teen , Boxing