Governments and central banks should stop trying to stimulate the economy
- Written by Ross Guest, Professor of Economics and National Senior Teaching Fellow, Griffith University
Persistent low growth shows fiscal and monetary policy aren't working.Soon/Flickr, CC BY-NCIt is surely time for governments around the world, including Australia’s, to remember the first law of holes: if you’re in one, stop digging. Governments have been digging madly since the global financial crisis, injecting massive amounts of...
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