Roger Farmer Is a Member of the More Expansionary Policy Caucus...

...and he is a very smart if (because he is a?) non-standard macroeconomist.

Roger:

We need more quantitative easing to create jobs: I argue in this piece that:

Quantitative easing should be expanded
Even if the Bank of England were to buy the entire UK national debt that this policy would not be inflationary
The global recovery is faltering and an expansionary policy is needed to encourage private investors to create jobs
Additional quantitative easing could save as much...