Is the concept of 'helicopter money' set for a resurgence?
- Written by Phil Lewis, Professor of Economics, University of Canberra
The theory: money dropped into an economy will act an an stimulant. Image sourced from www.shutterstock.comAs a student I was taught (and this will date me) that macroeconomics (the study of the economy as a whole) was essentially governed by two alternative views – Keynesianism and Monetarism. Keynesians believed that the economy could be...
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