James Anderson: The era of modern monetary theory has arrived

Stimulus the end of 40 years of 'neo-liberalism'

David Brenchley
clock • 3 min read

Dramatic Government intervention post-Covid-19 in the form of aggressive fiscal stimulus will herald the end of 40 years of so-called 'neo-liberalism', as well as the "entire history of orthodox financial thought back to Adam Smith", according to Baillie Gifford's James Anderson.

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