The 1986 pre-election year in the Federal Republic of Germany was an interesting one. Starting with the communal elections in Schleswig-Holstein in March, the parties began to prepare themselves for the big upcoming event - the general election in January 1987. The governing Chr…
Economic historians have made great progress in unraveling the causes of the Great Depression, but not until Scott Sumner came along has anyone explained the multitude of twists and turns the economy took. In The Midas Paradox: Financial Markets, Government Policy Shocks, and th…
Post-crisis fiscal policy
"Fiscal policy makers have faced an extraordinarily challenging environment over the last few years. At the outset of the global financial crisis, the International Monetary Fund (IMF) for the first time advocated a fiscal expansion across all countries able to afford it, a seem…
Flaherty argues that the need to keep pace with the burgeoning expenses of the American Civil War, governed the development of fiscal policy.
This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.--
"Eight-year-old Sam has a powerful brain but needs some help focusing. The doctor gives Sam lots of strategies to try, like staying organized, eating better food, and asking for help when he needs it. Sam's favorite strategy? Make time for imagination"--
America is on the brink of financial collapse. Decades of political overpromising and underfunding have created a wave of debt that could swamp our already feeble economy. And the politicians' favorite tricks--raising taxes, borrowing from foreign governments, and printing more …
Since 2008, economic policymakers and researchers have occupied a brave new economic world. Previous consensuses have been upended, former assumptions have been cast into doubt, and new approaches have yet to stand the test of time. Policymakers have been forced to improvise and…
