Ananish Chaudhuri With the government borrowing heavily to fund its pandemic response and recovery, it has been suggested it could simply cancel its debt by printing more money. That sounds like an attractive idea, but it is one that would have seriously adverse consequences. Derived from “modern monetary theory” (MMT)
Ananish Chaudhuri is Professor of Experimental Economics at the University of Auckland, New Zealand. covidplanb.co.nz An article published on Newsroom last week takes potshots at “contrarian” academics who have chosen to question received wisdom regarding how countries around the world, including New Zealand, are responding to COVID-19. As
Dr Ananish Chaudhuri– Professor of Experimental Economics, University of Auckland and Visiting Professor of Public Policy and Decision Making, Harvard University, Massachusetts, US covidplanb.co.nz There is a trade-off: how many lives will be taken by Covid-19 and how many lives will be lost due to our attempts to
