Tuesday, 3 May 2016

Central Bankers Gone Wild? (Mojmír Hampl, Project-Syndicate)

Sweeping criticisms of developed-country central banks have lately become all the rage. The main line of attack goes something like this: monetary policymakers have been far too activist since 2008, overstepping their mandates and damaging the economy. This narrative – which, bizarrely, is equally popular among otherwise irreconcilable ideological adversaries, such as libertarians and neo-Marxists – is patently wrong.

https://www.project-syndicate.org/commentary/central-banks-criticism-undeserved-by-mojmir-hampl-2016-05

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