Carnival Of The Capitalists For 01/19/2004 Is Up!!

The Carnival of the Capitalists is up over at Unpersons. The primary entry is here. Next week’s carnival will be hosted by Winds Of Change. Send submissions, as always, to capitalists -at- elhide.com.

The host this week doesn’t agree with the optimism espoused in the article I submitted regarding the success of the euro. Some problems aside — such as needed integration of the economies in the EU — the euro should do fine provided it is managed well. It isn’t likely to replace the dollar as the world’s reserve currency, nor will it make Frankfurt displace New York and London as world financial centers. It’s merely a successful currency and something to be celebrated.

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