A Hard Look at a Soft Global Economy
Better read Adair Turner's new book 'Between Debt and the Devil': monetary finance of the fiscus will deal with deflation.
John Muellbauer, Professor of Economics at the University of Oxford, is a senior research fellow at the Institute for New Economic Thinking at the Oxford Martin School.
Nov 5, 2014 John Muellbauer proposes implementing Milton Friedman's "helicopter drops" of money to fight eurozone deflation.
Dec 23, 2008 John Muellbauer & Janine Aron
Iran’s mass ballistic missile and drone attack on Israel last week raised anew the specter of a widening Middle East war that draws in Iran and its proxies, as well as Western countries like the United States. The urgent need to defuse tensions – starting by ending Israel’s war in Gaza and pursuing a lasting political solution to the Israeli-Palestinian conflict – is obvious, but can it be done?