Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. Monetary policy refers to the actions taken by a central bank or monetary ...

In today’s world of high inflation and multi-trillion-dollar budget deficit, many believe the U.S. government has spent too much to bring the economy out of the COVID-19 recession. While today’s ...

Financial conditions indexes summarize a broad range of financial indicators with the goal of measuring how financial markets affect economic activity. Evidence from event studies with high-frequency ...

Forbes contributors publish independent expert analyses and insights. Working on digital transformation by busting boundaries. During the 2023 Economic Policy Symposium "Structural Shifts in the ...

Conclusion from Melinda Cooper's 2024 book Counterrevolution: Extravagance and Austerity in Public Finance. Melinda Cooper engages with Modern Monetary Theory (MMT) and argues (contra most Marxists) ...

Why is Modern Monetary Theory back in the spotlight? The leader of the Green Party, Zack Polanski – whose more assertive, charismatic and left-populist tenure has seen the party dramatically surge in ...

Central banks use tools such as interest rates to adjust the supply of money to keep the economy humming Monetary policy has lived under many guises. But however it may appear, it generally boils down ...

Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...

Ghana rsquo;s economy experienced a notable rebound in 2025, supported by multiple indicators of macroeconomic stability .