Home > Events & News > Brown Bag Schedule . Archive

PSC In The News

RSS Feed icon

Adhvaryu on how promoting worker welfare contributes to profitability in India's garment industry

Murphy says suburban communities that declined in the 1960s fared better than those declining since the Great Recession

Levy et al find state budget gains outweigh Medicaid expansion costs in Michigan

More News


Live coverage of former Census director on crucial issues surrounding Census 2020. TODAY 2 pm.

PDHP invites applications for Faculty Small Grants in support of population science

ISR seeking applicants for new Community Guides program

PRB policy communication training for pre-docs extends application deadline to March 12

More Highlights

Next Brown Bag

Mon, April 2, 2018, noon: Sean Reardon on Educational Inequality

Miles Kimball

Kimball says negative nominal interest rates plus electronic money can smooth economy

a PSC In The News reference, 2013

"Can we get rid of inflation and recessions forever?" - Washington Post. 11/18/2013.

This interview outlines a proposal by Miles Kimball to use electronic money to allow central banks to set nominal interest rates less than zero. This, he says would encourage citizens in the direction needed by an economy in the short term, and would help smooth it in the long term. When an economy needs people to save, interest rates rise. When an economy needs people to invest and borrow, interest rates should be able to go negative. Kimball asserts: "We've blocked the economy's ability to get itself in balance by not having negative interest rates."


Miles Kimball

More Media Coverage:

Kimball's blog. Confessions of a Supply-Side Liberal. 6/17/2013.

View News Archive