Macro Economics

Economic management in developed countries is dominated by market interventions involving Keynesian measures (budget deficits) and/or monetarist interventions involving forced interest rate reductions.  Although such measures have failed to lift economies out of the recession that commenced in 2007, their adherents are persisting with them and in doing so creating an unprecedented increase in debt and liquidity. 

 

These articles examine macroeconomic management actions in Australia and overseas.