Articles by Bas

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FTPL is not dead

Noah Smith (@noahpinion) recently wrote a blog on bloomberg about how our most cherished economic theories have been burried by the economic reality of Japan. One of the economic theories that have failed, according to Noah, is…




UK employment got saved by inflation

During my morning FTea (Financial Times + tea), I read an article by Chris Giles that contained some interesting graphs on the UK economy. However, I believe they might have been misinterpreted. The first graph was on…


Helicopter money – It works! It works!

Last year I wrote several articles on helicopter money in which I critisized the work of economists as Buiter (2016) and Boonstra (2016) who claimed that the implementation of helicopter money would guarantee higher inflation…