Daily Archives: Tuesday, May 29, 2018

ECB research provides a withering critique of mainstream macroeconomics

Although this blog post considers some very technical material its message is simple. Mainstream macroeconomic models that are used to determine policy choices by governments are deeply flawed and the evidence strongly supports a central thrust of Modern Monetary Theory … Read the rest of this entry »

Posted in Britain, Central banking, Economics, UK Economy | 24 Comments