News

Macroeconomic Comment: Thoughts for the New Year

Macroeconomic Comment: Thoughts for the New Year

12/30/2020 – At the end of 2019, I summarized my thoughts on the topic of “limits”, which we may have already reached or already overstretched: limits to growth, debt, environmental pollution, monetary policy, and globalization. For years, it has been apparent that we can only achieve economic growth with rapidly growing government debt, with over-exploitation of our planet, with massive…

Read More