Mainstream economists have been somewhat dismissive of MMT, even where they might agree with particular MMT fiscal policies in the special case of a “liquidity...
A recent survey of central banks by BIS has reignited discussion around the benefits that central bank-issued digital currencies could bring to domestic and cross-border...
Global uncertainty reached unprecedented levels at the beginning of the COVID-19 outbreak and remains elevated. The World Uncertainty Index—a quarterly measure of global economic and...
Fiscal orthodoxy has changed. Organisations such as the IMF and the OECD have told governments that, with low interest rates seemingly here to stay, the...
Warren harding built a campaign for the presidential election in 1920around his new word “normalcy”. It was an appeal to Americans’supposed urge to forget the...