Pedro Schwartz – författare
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The British Government has focused the discussion on the adoption of the euro on its economic consequences. Whilst there are economic arguments for the UK joining the euro, those arguments are not a matter of 'life and death'. The political implications of the UK joining the euro are much more important. Here the most crucial aspects of the debate are not notions of 'sovereignty' on the one hand or 'maintaining influence' on the other: the key reason to maintain sterling should be to ensure 'monetary competition'. Competition between currencies will make it less likely that central banks will create inflation. Monetary competition should form part of a more general political package. Monetary arrangements will strongly influence the kind of European Union we build, and the arguments in The Euro as Politics can be applied to a wide range of European policy areas. Professor Schwartz argues that the UK should seek to build a free-trade Europe based upon competition and not based upon harmonisation of regulation and laws.
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Democracy has long been established as an enduring and stable system of governance in advanced developed countries. In more recent years, however, social, cultural and political divides have emerged that threaten the democratic way of life, emphasizing the vulnerability of even the most successful political regimes. This timely and important volume addresses the serious challenges faced by democracy in contemporary society.With contributions from some of the world's most prestigious scholars of public choice and political science, this comprehensive collection presents a complete overview of the threats democracy must confront, by both contesting accepted ideas and offering new approaches. Employing both theoretical and empirical evidence, the book tackles a broad range of concerns including the inherent problems of democratic life, faulty institutional arrangements, defective voting rules and fiscal issues that affect the ability to govern democratic nations. It will undoubtedly be a significant addition to the current literature. Presenting original and enlightening perspectives on the theory of democracy, this volume will be a fascinating read for students and scholars of public choice, public finance and public economics. It will also find appeal amongst political scientists and government policymakers.