Economics

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Should we drop money from helicopters?

Ruth Tarrant

10th December 2015

The economist Milton Friedman was well known (amongst MANY other reasons) for his analogy of "dropping money out of helicopters" for providing a monetary-based economic boost. Last year, The Economist magazine injected a bit of life into this analogy by picking up on research that suggested governments should simply deposit some cash in everyone's bank accounts in order to stimulate the economy. Yesterday, the BBC carried a report "could gifting free money boost the economy?", and asked four experts to give their view.

Ruth has been an enthusiastic Head of Economics and Politics for many years, having taught in a variety of schools and at university level. She is also a Senior Examiner. Ruth is passionate about boosting the quality of teaching and learning across all subjects in schools and colleges.