It seems that the smaller Member States should not be very happy with the draft Constitution presented at the Thessaloniki European Council with respect to the three major issues discussed - the permanent President of the European Council, the size and composition of the Commission and the...

The role of money in society has been a controversial topic in economic theory over many years. Particular attention has been devoted to the analysis whether there should be competition in the supply of money, or whether this is best left to a governmental agency. This paper reviews the...