ECB: Super Mario’s helicopter money

Some economists are turning to the old Milton Friedman theory of showering money on an economy

Back in 2012, Adair Turner – that is, Baron Turner of Ecchinswell – was one of the candidates for the position of governor of the Bank of England.

By his own telling – in later interviews – he was the leading candidate before dark horse Canadian academic Mark Carney swooped in and took the job.

When it comes to monetary policy and central banking – and understanding the options open to European Central ...