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evonomics.com | ||
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economicsfromthetopdown.com
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| | | | | Are interest rates a neutral policy variable? Or are they a tool for class warfare? It turns out that the evidence speaks for itself. Here are three ways that higher interest rates redistribute income. | |
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capitalaspower.com
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| | | | | America's Real 'Debt Dilemma' SANDY BRIAN HAGER July 2013 Abstract In the wake of the current crisis there has been an explosive rise in the level of the US public debt. These massive levels of public indebtedness are expected to keep growing unless there are drastic changes to existing budgetary policies. According to a recent [...] | |
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www.rogerfarmer.com
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| | | | | [AI summary] The text presents an in-depth exploration of macroeconomic theory through the lens of Roger E. A. Farmer's academic work. It delves into the complexities of monetary theory, equilibrium concepts, and the role of central banks. Key themes include the endogeneity of money, the distinction between exogenous and endogenous money, the implications of liquidity traps, and the evolution of monetary policy frameworks. Farmer's perspective emphasizes the importance of general equilibrium theory, the role of banks in creating money, and the need for central banks to consider broader economic dynamics beyond traditional single-agent models. | |
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drmalcolmkendrick.org
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| | | 12th April 2020 Several politicians, including Keir Starmer, the opposition Labour Party leader, have been demanding to know the exit strategy for the lockdown. "We should know what that exit strategy is, when the restrictions might be lifted and what the plan is for economic recovery to protect those who have been hardest hit," he... | ||
