GNOS, CLAUDE; ROCHON, LOUIS-PHILIPPE - In: Journal of Post Keynesian Economics 26 (2004) 4, pp. 613-629
With the usual debates trumpeting the usual merits of fixed versus flexible exchange rates, or some various incarnations thereof, the authors draw attention to Keynes's original plan for an international clearing union. The paper takes a close look at Joseph Stiglitz's recent suggestions to deal...