New economic models can help policymakers better understand the effects of their inflation-taming measures Much about today’s inflation is not well understood. Why are some households seriously harmed ...
Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial ...
What if every person you meet, including those you’ve yet to cross paths with, is quietly tethered to you by a single thread you can't even see? That's the premise of the invisible string theory. The ...
Merryn Somerset Webb speaks with Panmure Liberum Chief Economist Simon French to unpack Modern Monetary Theory—the idea that governments issuing their own currency can spend freely, constrained only ...
Why is Modern Monetary Theory back in the spotlight? The leader of the Green Party, Zack Polanski – whose more assertive, charismatic and left-populist tenure has seen the party dramatically surge in ...
Central banks set policy to support the economy, provide liquidity, and promote financial stability. Modern central banking requires adaptation to current demands and a framework that fosters agility ...
Good afternoon. Thank you for the kind introduction. I am delighted to be in Dublin again and speaking to all of you. Thank you very much for having me. I was last here in February 2020. We were on ...
The key message is that no tool or tactic is perfect.Each involves tradeoffs.And all must evolve as the economy changes.That is what decades of monetary theory have taught us, and modern central ...