It gave me momentum. And look where I ended up. So when I considered topics for the Homer Jones Lecture, I thought of monetarism and the role of money. My mind quickly took me back to that incident and I took as my title, "Does Money Matter?"
Still, overcoming the variety of national habits and interests will be a formidable task, the inherent difficulty of which must not be underestimated if we want CMU eventually to succeed. References European Commission, 2015, Action Plan on Building a Capital Markets Union, http://ec.europa.eu/finance/capital-markets-union/index_en.htm#action-plan. Danielsson, J., et al., 2015, Europe’s proposed capital markets union: Disruption will drive investment and innovation, http://www.voxeu.org/article/europe-s-proposed-capital-marketsunion.