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3 Comments on “An Austrian Defense of the Euro”


  • Gentier Antoine

    () (FEG, Aix Marseille Université, Centre Forbin 15-19 Allée Claude Forbin, Aix en Provence 13627, France)


Professor Huerta de Soto has proposed a defense of the Euro using the argumentation of the Austrian School of economics. Huerta de Soto main argument relies on the federal monopoly of money is a preferable situation than the monetary nationalism that prevailed before. Our article aims to open a debate on the question of the Euro. The main argument used in the discussion relies on the fiscal question. Public deficits and public debts in the Euro zone seem to dominate monetary institutions issues.

Suggested Citation

  • Gentier Antoine, 2013. "3 Comments on “An Austrian Defense of the Euro”," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 19(1), pages 29-40, December.
  • Handle: RePEc:bpj:jeehcn:v:19:y:2013:i:1:p:29-40:n:3

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    References listed on IDEAS

    1. Bruce D. Smith & Warren E. Weber, 1999. "Private money creation and the Suffolk Banking System," Proceedings, Federal Reserve Bank of Cleveland, pages 624-667.
    2. Milton Friedman & Anna J. Schwartz, 1987. "Has Government Any Role in Money?," NBER Chapters, in: Money in Historical Perspective, pages 289-314, National Bureau of Economic Research, Inc.
    3. de Soto, Jesus Huerta, 1995. "A Critical Analysis of Central Banks and Fractional-Reserve Free Banking from the Austrian School Perspective," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 8(2), pages 25-38.
    4. George A. Selgin & Lawrence H. White, 1994. "How Would the Invisible Hand Handle Money?," Journal of Economic Literature, American Economic Association, vol. 32(4), pages 1718-1749, December.
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