Protestors against the Vietnam war were very angry and in 1970 at Kent State University in Ohio four students were shot dead by National Guardsmen. Nixon shocked the world when he described the protestors as 'bums' (layabouts
“The strong do as they can and the weak suffer what they must.” —Thucydides My new book offers a history of Europe’s monetary union. America plays a central role in the narrative. Indeed, the book begins with developments in Washington D.C. in the run up to the Nixon Shock of August 1971 but also ends with an account of how the Eurozone’s crisis affects the United States and the world economy today. In between, the story of how Europe mishandled its yearning for a common currency by…
Table of contents: Commitments, compromise and discord 1945-1971: The embedded liberal consensus and its challengers 1945-1970, The Nixon shocks 1971. An emerging neoliberal consensus 1972-1976: The "Half-Way Route" to De Facto floating January 1972-September 1973, The foundations of "Blacklash" October 1973-January 1976. Defensive regionalism 1976-1979: The European Monetary System. Cote 5-311 FRA
On April 30, 1970, President Richard Nixon shocked the nation by announcing the U.S. invasion of Cambodia. At college campuses across the country, masses of students took to the streets in protest. Five days later, four Kent State students would be shot dead by National Guardsmen. The mayhem that followed has been called the most divisive moment in American history since the Civil War.