Archive | Macroeconomic Policy

Read this article to learn about the eight measures of macroeconomic incomes policy of a country. 1. Incomes Policy: While Keynesian model rejected the importance of money supply and treated money as a veil, the monetarists under Friedman insisted that not only does money matter but money alone matters. Both approaches fall into the same theoretical trap that an economy [...]

This article provides comments on macroeconomic policy of a country. The time has come to ask whether or not we have been expecting too much of the traditional macroeconomic monetary and fiscal policies. They have been criticized on the ground that either they do not work effectively or must be pushed to great length to work at all. As such, [...]