Book notes: The menace of fiscal QE, by George Selgin
Much of this book is even more relevant, thought-provoking and important following Covid-19
George Selgin, The menace of fiscal QE, Cato Institute, 2020, 126 pages
When George Selgin was writing this book in 2019, he cannot have imagined the dramatic changes to fiscal and monetary policies that the coronavirus pandemic would bring about with extraordinary speed. This has made some of his proposals either irrelevant or impossible, while at the same time greatly enhancing the relevance and immediacy of other sections of his analysis.
His irrelevant (for the moment) proposal is for the
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