It would be challenging to find two more different people than Larry Summers and Wolfgang Schauble. Although they are both former finance ministers, they typically would agree on very few issues. Not for naught, Dr Summers, a former Treasury Secretary … Continue reading →

Traditionally, the Barro-Ricardo Equivalence has been set in opposition to Keynesian policies. The US Government’s policy response to the Pandemic assumes that most taxpayers will spend the Government checks they receive periodically and therefore economic activity will rise and employment … Continue reading →