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Professor Roger E. Farmer proposed in his book Prosperity for All (link to my review) that governments should set up a body to control equity prices as a means to smooth the economic cycle. In this article, I explain why a government could not hope to control the level of stock prices in a meaningful sense.... Bond Economics Understanding Why Governments Cannot Use Stock Prices As A Policy ToolBrian Romanchuk
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Mike Norman considers the following as important: economic policy, policy tools, Roger Farmer
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Professor Roger E. Farmer proposed in his book Prosperity for All (link to my review) that governments should set up a body to control equity prices as a means to smooth the economic cycle. In this article, I explain why a government could not hope to control the level of stock prices in a meaningful sense.... Bond Economics Understanding Why Governments Cannot Use Stock Prices As A Policy ToolBrian Romanchuk
Topics:
Mike Norman considers the following as important: economic policy, policy tools, Roger Farmer
This could be interesting, too:
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Professor Roger E. Farmer proposed in his book Prosperity for All (link to my review) that governments should set up a body to control equity prices as a means to smooth the economic cycle. In this article, I explain why a government could not hope to control the level of stock prices in a meaningful sense....Bond Economics
Understanding Why Governments Cannot Use Stock Prices As A Policy Tool
Brian Romanchuk