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The Economics of Transition
Europe and Its Integration
Reflections on the World
ambitions American arguments basic believe benefits bureaucrats capital markets central bank central planning collapse of communism communist communitarianism connected convergence created currency crisis Czech Republic Czechoslovakia dangerous decade decision-making deficit democracy democratic deregulation discuss dismantling domestic economic growth economists enlargement euro Europe European Union exchange rate existing experience fiscal transfers foreign free markets free society freedom future George Stigler groups Hayek human ideas ideology imbalance important individual inflation institutions interests investment Joseph Stiglitz legislation less liberalization macroeconomic market economy member countries membership Milton Friedman monetary policy monetary union Mont Pelerin Society NCPA Optimum Currency Areas organizations percent political politicians positive possible post-communist Prague privatization problems Public Choice School radical reform regulation relatively rent-seeking result role sector social spontaneous evolution Stigler structure theory Third tion trade transition economies unification Vaclav Klaus voucher privatization Wayism