NAMU and the Neoliberals
Politics and history help explain Canada’s resistanceto monetary union with the United States June 2006
North American Monetary Union—NAMU—is not being much discussed right now, but at the turn of the millennium its Canadian advocates were making media headlines. They could not quite agree about what was to replace Canada’s flexible exchange rate, however. A new currency altogether, however. A new currency altogether, with a new supranational central bank to go with it on the European…