The first Annual Economic Freedom Summit took place in the European Parliament last week on the 11th and 12th April. Initiated by Amjad Bashir MEP, it was a great success and — at last for two days — brought classical liberal ideas back where they belong: within parliaments and governments.
I gave a speech on central banking and had a debate with the head of IMF Europe on “Central Banks: The Solution or the Problem?” Many policy makers spoke to me afterwards about how they were not aware of the issues surrounding monetary policy — hopefully we can start to extend the debate of central banking into parliaments, too. More on this next week.
“…policy makers not aware of the issues surrounding monetary policy…”. I don’t know whether to laugh or cry. And these self confessed ignoramus professional to ‘rule’ us? Face palm moment.