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Jane Humphries

Jane Humphries

1 commentaries

Jane Humphries is Professor Emeritus of Economic History at the University of Oxford and Professor of Economic History at the London School of Economics and Political Science.

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  1. rogoff211_Brooks Kraft Getty Images_fed reserve Brooks Kraft Getty Images

    Are Central Banks to Blame for Rising Inequality?

    Kenneth Rogoff

    The view that central-bank interest-rate policy can and should be the main driving force behind greater income equality is stupefyingly naive, no matter how often it is stated. Central banks can do more to address the inequality problem, but they cannot do everything.

    argues that monetary policy did not cause, and largely cannot mitigate, increasing income and wealth disparities.
    4

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