When it comes to quantitative easing (QE), where you stand most definitely relies on where you sit. That is among the findings of the brand-new report of the Economic Affairs Board of the Committee of the UK House of Lords.The report offers a superb survey of how it is that central banks currently use...
The intergovernmental cooperation between the United States and China was an essential part of the battle against Severe Acute Respiratory Syndrome (SARS) in 2003. However, a significant cooperation to battle COVID-19 has not happened yet. The state of US and China bilateral connections and the failure to collaborate have possibly worsened the pandemic.Despite resemblances...
Some believe that the issuance of central bank digital currencies will change the international monetary status quo by eroding the US dollar's supremacy of cross-border payments and considerably reducing transaction costs. However, this is unlikely to happen.Berkeley - August 13-15 stamps the 50th anniversary of "the weekend that transformed the world," when Richard Nixon,...
Photo by Clay Banks on UnsplashThere are many books on what's wrong with the economy ( Chang 2014; Keen 2011; Nelson 2018, Mazzucato 2018, Raworth 2018, Stanford 2015 ) and what we would need to do to change it. Considering the small change we've seen in economics training and effective policy economic thinking since the 2007/08 global...
