Waiting for Hamilton: The 'imbecility' of the EU

Rob Green / Bergman Group

Article Highlights

  • The #EU is a "political monster" incapable of enforcing its own laws

    Tweet This

  • Our founding fathers warned us about the downfalls of confederacies #EU

    Tweet This

  • How the European economic crisis will continue to reveal the futility of the #EU

    Tweet This

The budget is the state stripped of ideological pretensions.1 So when the European Union, a confederation, sets out to control the budgets of its member governments, what is being discussed is not just debt, but the question of who will be sovereign. The fiscal debates are thus a constitutional debate, as my American Enterprise Institute colleague Michael Greve has recently discussed, with particular attention to Alexander Hamilton and Federalist No.15.2

Read the full article on American.com

Alex Pollock is a Resident Fellow at AEI.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Alex J.
Pollock

What's new on AEI

We still don't know how many people Obamacare enrolled
image The war on invisible poverty
image Cutting fat from the budget
image Speaker of the House John Boehner on resetting America’s economic foundation
AEI on Facebook
Events Calendar
  • 22
    MON
  • 23
    TUE
  • 24
    WED
  • 25
    THU
  • 26
    FRI
Monday, September 22, 2014 | 2:30 p.m. – 4:00 p.m.
Policy implications of the new US labor market normal

We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.