Why Not Just Print More Money?

by Tor Dahl

For all you aspiring economists out there: Is this to be recommended, or is it fantasy economics?

I used to teach it early in my introductory courses, because these arguments engaged everybody. And if you let yourself be challenged, you will pick up and understand one of the great secrets of economics....

Why Not Just Print More Money?

A prominent economist has a radical proposal for stimulating the economy: just add money to everyone’s bank account. It is crazy enough to work?