The Hardest Thing To Judge Is What

The Integration Of Europe Was Very Much Led By A Germany That Was Always Willing To Pay A Little Bit Extra To Reach A Compromise That Everybody Accepted, Because Germany Was So Eager To Get European Support For Reunification. That Was Called The "farsighted Vision," Which Created The European Union.

I Contend That Financial Markets Never Reflect The Underlying Reality Accurately; They Always Distort It In Some Way Or Another And The Distortions Find Expression In Market Prices. Those Distortions Can, Occasionally, Find Ways To Affect The Fundamentals That Market Prices Are Supposed To Reflect.

The Concept Of A General Equilibrium Has No Relevance To The Real World (in Other Words, Classical Economics Is An Exercise In Futility).

The Bureaucratic Method Of Building An Integrated Europe Has Exhausted Its Potential.

Esperanto Was A Very Useful Language, Because Wherever You Went, You Found Someone To Speak With.