A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
24884 Members
See All
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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Policymakers seem to have favored mass lockdowns and furloughs over any serious attempt to keep people working. As monetary expansion and fiscal contraction have failed to bring about any significant economic recovery, should governments have channelled the vast sums of QE money to the 'real' economy instead giving months of paid leave to millions of citizens?
Policymakers seem to have favored mass lockdowns and furloughs over any serious attempt to keep people working. As monetary expansion and fiscal contraction have failed to bring about any significant economic recovery, should governments have channelled the vast sums of QE money to the 'real' economy instead giving months of paid leave to millions of citizens?
Fiscal policy is a more powerful macroeconomic stabilizer than monetary policy, argues Robert skidelsky, not only because it is more targeted, but also because government is the only entity apart from the financial system capable of allocating capital.
Fiscal policy is a more powerful macroeconomic stabilizer than monetary policy, argues Robert skidelsky, not only because it is more targeted, but also because government is the only entity apart from the financial system capable of allocating capital.
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