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This core question — How much should the government use its power to tax and spend to redistribute wealth in pursuit of a more equal society?
Tags » Ngdp Targeting
“Cursive handwriting is useless, but politicians want students to learn it anyway,” by Libby Nelson.
“The revival of interest in nominal GDP (NGDP) targeting has come in the context of large advanced economies. 198 more words
Over the past six years the “hawks” among UK and US central bankers have been proven wrong. They have continued to argue that a spike in inflation was just around the corner because monetary policy was “high accommodative”. 399 more words
Loose monetary policy analogies focus on excess. The punchbowl is a favorite in which excess alcoholic punch is being made available to the market\economy party. In context, providing more punch to the party is irresponsible behavior. 224 more words