Modern Monetary Theory – can it help with economic problems or is it just another Magic Money Tree?

  Modern Monetary Theory – can it help with economic problems or is it just another Magic Money Tree? Key points Modern Monetary Theory reminds us that monetary financing of government spending need not be inflationary if there is spare capacity in the economy. But it suffers from a number of problems: it implies there is always some sort of free lunch; it underestimates the costs of large-scale public employment programs; and it underestimates the …

Modern Monetary Theory – can it help with economic problems or is it just another Magic Money Tree?

Modern Monetary Theory – can it help with economic problems or is it just another Magic Money Tree? Key points Modern Monetary Theory reminds us that monetary financing of government spending need not be inflationary if there is spare capacity in the economy. But it suffers from a number of problems: it implies there is always some sort of free lunch; it underestimates the costs of large-scale public employment programs; and it underestimates the difficulties …

Investors channel Millennials, call for an end to modern slavery

Investors channel Millennials, call for an end to modern slavery The spending power of the pivotal and perhaps most talked about generation in history – the Millennials – could ultimately put an end to the modern slavery endemic in the clothing industry. But it’s the investors in apparel and fashion companies that are paving the way for change by shining a light on supply chain transparency and sustainable practices, according to Kristen Le Mesurier, AMP …

A modern-day myth exposed: multi-tasking

A modern-day myth exposed: multi-tasking If you have little faith in your ability to do more than one thing at a time, science reveals you’re onto something. Cognitive behavioural researchers shine a light on our inability to multi-task. We simply cannot perform multiple tasks with the same level of skill as when performing one task at a time.i The old adage that women are better at multi-tasking may after all be untrue—or more accurately reflect …