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The Euro and the Gold Standard: What are the Lessons?

In: The Gold Standard Peripheries

Author

Listed:
  • Anders Ögren
  • Lars Fredrik Øksendal

Abstract

The comparative advantage of the historical profession is undoubtedly the past. Insights into the past are important for understanding the present, but do not easily translate into well-founded forecasts for the future. Moreover, historians, and even economic historians with legs both in the humanities and in the social sciences, are by inclination reluctant to see further ahead. Often, historians are better equipped for asking the right questions than making bold predictions.

Suggested Citation

  • Anders Ögren & Lars Fredrik Øksendal, 2012. "The Euro and the Gold Standard: What are the Lessons?," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Anders Ögren & Lars Fredrik Øksendal (ed.), The Gold Standard Peripheries, chapter 12, pages 231-244, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-36231-4_12
    DOI: 10.1057/9780230362314_12
    as

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