Knut Wicksell – The Cobden Centre

Economics14 October 16<14 October 16

Fed’s official expressed concern of a possible low natural rate

by Dr Frank Shostak

It is widely accepted that by means of suitable monetary policies the US central bank can navigate the economy towards a growth path of…

Economics21 March 11<21 March 11

by Dr Frank Shostak

The idea of a neutral interest rate emanates from the writings of the Swedish economist Knut Wicksell. According to Wicksell, There is a certain…