unorthodox policies Concepts

Economics Rules: The Rights and Wrongs of the Dismal Science

by Dani Rodrik · 12 Oct 2015 · 226pp · 59,080 words

resources. And each country fine-tuned the specifics of its strategy beyond these generalities. Many observers of Asia’s experience and the success of its “unorthodox” policies conclude that these cases have proved standard economics wrong. This interpretation is incorrect. It is true that many of Asia’s economic policies do not

The Tyranny of Nostalgia: Half a Century of British Economic Decline

by Russell Jones · 15 Jan 2023 · 463pp · 140,499 words

will be the burden placed on monetary policy, with all its distributive wrinkles. So much for the theory. Researching the distributive detail of monetary policy – and especially of unorthodox monetary policy – is difficult. There are many channels and contradictory forces to consider, some of which – such as perceptions of job security and

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conclusion, the issue was not so much what the Bank did and how it did it, it was the initial distributional context within which its unorthodox policies were forced to operate. coming up short The economic record of the 2010–15 coalition government is unimpressive. The pace of overall recovery was sluggish

The Divided Nation: A History of Germany, 1918-1990

by Mary Fulbrook · 14 Oct 1991 · 934pp · 135,736 words

limited criticism from abroad. From then on, foreign policy moved into a new gear. Under the Four Year Plan, presided over by Goering, rather unorthodox economic policies were initiated, which marked a clear break with Hjalmar Schacht's notions of economic management. Schacht's resignation as Minister of Economics in November 1937

Radical Cities: Across Latin America in Search of a New Architecture

by Justin McGuirk · 15 Feb 2014 · 246pp · 76,561 words

world. Also in Brazil, we might cite Curitiba, where in the 1970s and 80s Mayor Jaime Lerner (an architect) brought in a series of often unorthodox policies that transformed its public transportation and made the city, in current parlance, more sustainable. Most famous of these is the so-called Bus Rapid Transit

The Curse of Cash

by Kenneth S Rogoff · 29 Aug 2016 · 361pp · 97,787 words

interest rates on government debt tend to be a benchmark by which all other rates are set. A few empirical papers argue that these unorthodox central bank policies have accomplished more than meets the eye.5 Nevertheless, the stunning challenges that the Bank of Japan and the ECB have faced in lifting

Liberalism at Large: The World According to the Economist

by Alex Zevin · 12 Nov 2019 · 767pp · 208,933 words

, ‘nothing would sap a recovery and job-creating enterprise like locking up badly used resources in poorly performing companies.’106 And even as monetary policy grew increasingly unorthodox, with central banks buying up public and private assets and keeping interest rates at or near zero, the Economist took up the battle hymn

Money Free and Unfree

by George A. Selgin · 14 Jun 2017 · 454pp · 134,482 words

when there are significant signs that financial markets are stabilizing and the economy is improving. Among other things, the “expectations effect” of the Fed’s unorthodox policies gave banks and other firms a greater inclination than ever to hold cash rather than invest it, undermining the potential for quantitative easing to either

The Great Economists: How Their Ideas Can Help Us Today

by Linda Yueh · 15 Mar 2018 · 374pp · 113,126 words

have stayed. We might never have had the Keynesian revolution in economics. Coming full circle, in the 1920s and 30s, when struggling to push his unorthodox policies arguing for government spending against the orthodox ‘Treasury view’, Keynes’s principal opponent in the Treasury, and later in the Bank of England, was none

What Would the Great Economists Do?: How Twelve Brilliant Minds Would Solve Today's Biggest Problems

by Linda Yueh · 4 Jun 2018 · 453pp · 117,893 words

have stayed. We might never have had the Keynesian revolution in economics. Coming full circle, in the 1920s and 30s, when struggling to push his unorthodox policies arguing for government spending against the orthodox ‘Treasury view’, Keynes’s principal opponent in the Treasury, and later in the Bank of England, was none

The Euro and the Battle of Ideas

by Markus K. Brunnermeier, Harold James and Jean-Pierre Landau · 3 Aug 2016 · 586pp · 160,321 words

. The European discussion has its parallels in the United States, where the Fed and especially its chairman were attacked by Republicans in the 2012 election. Unorthodox policies required choosing to buy particular assets, with a redistributional consequence. There was a move from monetary policy to credit policy and, in effect, for the