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 Subject Lead in Economics at tutor2u for many years after a career of teaching Economics, Business, Politics and Maths in a range of secondary schools. She is a highly experienced A level Economics Examiner, and also teaches undergraduate Economics on a very part-time basis at the University of Oxford. Ruth is passionate about making economics fun, engaging and accessible.