ECB: Super Mario’s helicopter money

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

Barry J Whyte

Chief Feature Writer @whytebarry
21st February, 2016

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 Bank president Mario...

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