Comments on: QE, Asset Prices & Investment Levels: A Proposal

By: George Irvin

George Irvin — Sat, 01 Oct 2011 14:57:52 +0000

I think we’ve made the point about a National Investment Bank—as has Duncan and various others. See: http://falseeconomy.org.uk/files/brighter.pdf

But it’s worth remembering that SMEs probably account for less than a quarter of total employment in the UK (and even less in the USA—see http://bit.ly/odc0B0).

By: Something must end soon, but what? « Freethinking Economist

Something must end soon, but what? « Freethinking Economist — Mon, 02 Nov 2009 10:57:09 +0000

[...] been better doing less QE but using it for more direct demand-changing operations. Like funding a National Investment Corporation, [...]

By: Warning to Osborne: this ain’t ever happened before . . . « Freethinking Economist

Fri, 16 Oct 2009 13:30:28 +0000

[...] similar scepticism about QE (mysteriously missing from the CEBR), I am becoming a bigger fan of Duncan’s idea of a National Investment Corporation. Investment is a good way of leading growth: but how do you [...]

By: duncanseconomicblog

duncanseconomicblog — Fri, 16 Oct 2009 06:46:24 +0000

Dannyboy,

Sadly not! Other than the conference speech rweference there is very little hard info out there. I’ve seen estimates of a £1bn fund and estimates of a £3bn fund. Precise mandate is still vague too. Maybe we’ll get more at the PBR?

By: QE, Asset Prices & Investment Levels: A Proposal « Duncan's … Economic Finance news

Fri, 16 Oct 2009 01:23:46 +0000

[...] Read more here: QE, Asset Prices & Investment Levels: A Proposal « Duncan's … [...]

By: dannyboy

dannyboy — Thu, 15 Oct 2009 20:25:37 +0000

Duncan, can you please provide the link to the actual NIC proposal as it stands?

Thanks!

By: Unemployment the good news side of this recession « Freethinking Economist

Unemployment the good news side of this recession « Freethinking Economist — Thu, 15 Oct 2009 16:24:12 +0000

[...] is definitely hotting up. Ambrose Evans-Pritchard on how it hurts German insurance companies. Duncan’s solution – using the money for a National Investment Company. A man called Cheeseman agrees with [...]

By: duncanseconomicblog

duncanseconomicblog — Thu, 15 Oct 2009 13:23:16 +0000

Crossland,

The theory is in flux at the moment.

The BOE is also adjusting the practical measures:

http://ftalphaville.ft.com/blog/2009/07/22/63191/money-money-money-ex-iofc/

By: crossland

crossland — Thu, 15 Oct 2009 12:58:59 +0000

your not boring me its obviously a complex and deceptively issue for amateurs like myself.

A while ago you mentioned something along the lines that if QE didn’t work it would mean that the theory of what ‘money’ is and how it works would need revising – that the relationship between money and credit (?) would have broken down.

Has the progress of QE meant that the mainstream theory of money needs changing/altering ?