Showing 1 - 2 of 2
Central banking's bankrupt narrative
Business, Roger Farmer, Published on 06/09/2019
» Former US Treasury secretary Lawrence Summers and economist Anna Stansbury recently cast doubt on the future of central banking, suggesting the prevailing monetary policy framework is in dire need of a rethink.
Taxing the intangible economy
Business, Roger E.A. Farmer, Published on 13/07/2018
» Some very clever people, including the president of the European Central Bank, Mario Draghi, and Andy Haldane, chief economist at the Bank of England, are expressing concerns over the slowdown in productivity growth. And, given that productivity (measured as GDP per hour worked) is the ultimate driver of increases in living standards, they are right to be worried.