| Herbert G. Grubel |
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Information AboutHerbert G. Grubel |
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Before emmigrating to Canada, Grubel had a highly controversial past, in that he had worked with the As a member of the Reform Party , Grubel defeated former Federal Cabinet minister Mary Collins in the 1993 Election . He served as the party's Finance critic from 1995 to 1997, and was controversial for his outspoken support of Canada moving toward a Flat Tax system. He also caused controversy by comparing Canada's First Nations to "spoiled children living in South Sea island resorts". Grubel did not run in the 1997 Election . As of 2005 he is professor emeritus of Economics at Simon Fraser University and senior fellow of the Fraser Institute . While at the Fraser Institute Herbert published a paper titled: "The Case for the Amero: The Economics and Politics of a North American Monetary Union " {Link without Title} . This paper proposes that bank notes and coins of the currency (tentatively called the "amero" ) will have " Amero " symbols on one side and national emblems on the other to preserve important symbols of national identity. The conversion of existing currencies into the Amero will take place at rates that leave unchanged each country's real income, wealth, and international competitiveness at the time of conversion. REFERENCES EXTERNAL LINKS |
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