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Central Banking’s Bankrupt Narrative

September 7, 2019 // The Jordan Times - Jordan - English

LOS ANGELES — Former US secretary of the Treasury Lawrence H. Summers and Anna Stansbury recently cast doubt on the future of central banking, suggesting that the prevailing monetary-policy framework is in dire need of a rethink. I agree, and have been calling for a reconsideration of “Old Keynesian economics” [Read more]
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