However, MMT could prove to be a useful tool in an economic downturn in the event that monetary and conventional fiscal options have been exhausted. In this scenario, MMT policies should be developed within a rules-based framework to mitigate the risks cited above.
However, MMT could prove to be a useful tool in an economic downturn in the event that monetary and conventional fiscal options have been exhausted. In this scenario, MMT policies should be developed within a rules-based framework to mitigate the risks cited above.
The Cobra Effect describes the unintended consequences and perverse outcomes that can occur when organizations or governments offer rewards, bounties, or incentives to encourage people to take some specific, pro-social action.
The Cobra Effect describes the unintended consequences and perverse outcomes that can occur when organizations or governments offer rewards, bounties, or incentives to encourage people to take some specific, pro-social action.
The cobra effect occurs when an adopted strategy or solution to a problem makes the problem worse due to unseen consequences. The term is used to illustrate the causes of incorrect stimulus in economy and politics.
The cobra effect occurs when an adopted strategy or solution to a problem makes the problem worse due to unseen consequences. The term is used to illustrate the causes of incorrect stimulus in economy and politics.