Macroeconomic Policy after the Crash

More about the book

The book delves into the complex policy debates following the financial crash, highlighting the unconventional approaches taken in monetary and fiscal policy. It critiques the traditional macroeconomic frameworks, showcasing how central banks and finance ministers deviated from standard practices. Through detailed chapters, the author explores key innovations like negative interest rates and quantitative easing, as well as contentious themes such as austerity versus financial repression, productivity challenges, and deflation, all presented in an engaging and accessible manner.