Paul Romer is the new chief economist at the World Bank.
Posted on 24th July 2016 in City News.
It is odd how things go in and out of fashion. Four years, or so, ago, the big debate around the economy related to austerity or not austerity. Suddenly the debate ended, it was as if there was a consensus that the austerity side had won, even though there was absolutely no evidence to […]
Posted on 24th July 2016 in General business.
Question: aren’t notes and coins rather old fashioned? Why not just abolish them altogether? And lean in close, this is all rather hush hush, but if cash was abolished, there would be another benefit to central bankers, they could cut interest rates as low as they like – all the way down to minus 10%, […]