The euro trasher

Article Abstract:

Former Welsh Secretary and failed Conservative Party leadership contender John Redwood stresses the need for a proper debate before Britain adopts the proposed joint European currency, the euro. He points out that the euro would deprive Britain of a significant asset, the ability to devalue against other currencies. He also maintains that no exchange rate for the euro can satisfy every country in Europe. Redwood is encouraged by the Confederation of British Industry's loss of enthusiasm for the single European currency project but is disappointed by the lack of debate among British academics.

United Kingdom, Political aspects, Interview, International relations, Politicians, Euro (Currency), European Union, British foreign relations, European Monetary System, Public opinion, Redwood, John

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The sweet smell of research

Article Abstract:

At the Massachusetts Institute of Technology research is carried out in science, management, music and linguistics, amongst other subjects. It is a small institution by US standards, adding 10,000 students annually and has a faculty of 2,100 staff. It specialises in research, in the US there is a clear division between teaching and research institutions. In 1992 the Institute spent $1083 million.

Management, Massachusetts Institute of Technology

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