The Prophet (Is 55:1-3) proclaims: “Thus says the LORD: All you who are thirsty come to the water! You who have no money, come, receive grain and eat; come, without paying and without cost, drink wine and milk! Why spend your money for what is...
It is easy to criticize those who are supposed to be able to change economic behavior. Monetary policy making is no exception. Such authorities can and have made mistakes. But impotence in changing the economic behavior of a large economy is not the...
