I don't know if a blog post would suffice. But the following lays out all the criticisms of the QE programs that heterodox types have made and also explains how they function to some extent. Might be useful.

On Mon, Jan 26, 2015 at 3:52 PM, Eric Hake <[log in to unmask]> wrote:
Greetings Colleagues,

I would like to share a longer magazine length article with my students regarding the in/effectiveness of Quantitative Easing.  The beginning of such a program by the ECB seems to provide a convenient
opportunity to open old wounds.

Would anyone here have a go to article for this, accessible to undergraduates?

Thanks for any suggestions, links, tips,

Eric Hake


Eric R. Hake

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Secretary-Treasurer, Association For Evolutionary Economics

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