“...Many authorities claim that central banks ‘have run out of ammunition’, either because the central bank rate has dropped close to the zero lower bound or...”

“...This article sketches the theory of debt finance and cites historical evidence on the sustainability of debt. If it is accepted that the future should under...”

“...We survey the historical record for two centuries on the connection between expansionary fiscal policy and inflation. The relationship holds in wartime when...”

“...Economic institutions are linked to economic growth because they create conditions favourable for production and exchange. Institutions can give a country...”