Economics Quote by Bernard Connolly

“When Trichet, at a meeting of top international monetary officials, defended the franc fort policy against North American critics by telling them that they…

— Bernard Connolly

“Baldwin, speaking of the 1930s press barons, famously attacked as ‘power without responsibility: the prerogative of the harlot throughout the ages’. In”

— Bernard Connolly

“Schmidt agreed at the Bonn summit of world industrial leaders, in July 1978, to increase Germany’s budget deficit. The Bonn summit was a classic…

— Bernard Connolly

“Unemployment in France is officially put at 12.5%. Youth unemployment is double that. Many people in their twenties have never had a job and…

— Bernard Connolly

“as the Israeli philosopher Yoram Hazony put it recently, ‘For quite a few centuries, it seems as though it’s been the British nation-state15 (together…

— Bernard Connolly

“If anything, the unmistakable clues provided by the reports that highly intelligent and politically aware central bankers and Treasury officials became, as a collective,…

— Bernard Connolly

“By hamstringing the ability of French governments to act in the interests of the French people – or, to put it more realistically, by…

— Bernard Connolly

“In understanding the collapse of the ERM, however, what is important is that to subordinate domestic (that is, national) economic considerations to national foreign…

— Bernard Connolly

“Like Hitler, like Stalin, the énarque believes that power will always prevail over economics.”

— Bernard Connolly

“As one highly placed énarque has recently put it: ‘Of course we want monetary union. Ninety per cent of the élite want it. There…

— Bernard Connolly

“While political scientists see ‘Europe’ either as a new form of political structure, having little in common with the nation-state, or as a structure…

— Bernard Connolly

“political correctness – the suppression of rational thought”

— Bernard Connolly