Discover Milton Friedman's K-Percent Rule, which advocates for a steady, annual money supply increase aligned with GDP growth, ensuring economic stability.

Discover how Keynesian and Neo-Keynesian economics differ in addressing economic growth and stability through fiscal and monetary policies.

This paper documents that households with higher marginal propensities to consume (MPCs) tend to consume goods with more ...

With domestic-currency debt, a confidence crisis need not cause default, as monetary financing can shift default risk into ...