Draghi’s historic farewell Eric Lonergan 15th September 2019 Helicopter Money, Monetary Policy, Money in Europe 6 This week’s policy decision by ECB is historic. For some time now, a number of economists have suggested that dual inter...
Reply to Larry Summers Eric Lonergan 26th August 2019 Finance & Asset Pricing, Helicopter Money, Monetary Policy 3 An ‘Either-Or’ approach to fiscal and monetary policy is mistaken Larry Summers has delivered a pointed and sweeping ...
The Prudence Principle: a new rule for fiscal policy Eric Lonergan 23rd August 2019 Helicopter Money, Monetary Policy, Money in Europe, Theory & Other Problems Should the government run a budget deficit or a budget surplus? What size should the deficit or surplus be? Devising...
Cyclical sovereignty Eric Lonergan 26th July 2019 Media, Monetary Policy, Money in Europe 2 Only two of the world’s major economic blocks appear to have cyclical autonomy - China and the United States. For many d...
The most important social scientist since Keynes Eric Lonergan 5th July 2019 Theory & Other Problems 2 Three validity claims The German social scientist, Jürgen Habermas, has just turned ninety. It is an odd reflection on ...
Dual interest rates always work Eric Lonergan 5th June 2019 Helicopter Money, Monetary Policy, Money in Europe 4 The future of monetary policy - Dual interest rates The significance of dual interest rates remains under-appreciated...
