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It is easy to stimulate, by keeping interest rates low and pumping money into the banking system – whether as quantitative easing or as cheap lending to banks.
It also explains why central banks the world over have found it easy to stimulate mortgage lending since the crisis, but not corporate borrowing.Lending through the roofSo how are firms funding themselves since governments and regulators tilted the playing field in favour of home-owners?
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"But you also have advantages – they are a bit quicker and easier to stimulate because they are faster to get excited about the programme offered".
There are, in short, further lessons to be learned.Riding for a fallIt was far easier to stimulate the economy in the 2000s than in the 1930s.
In a smart classroom environment, it will be easier to stimulate students' learning motivation, promote students' active learning behavior, and achieve good learning performance (Liu et al. 2011).
For one thing, he says, the thalamus is easier to stimulate than the retina and is much less prone to tissue damage.
Keynesians advocated easy money to stimulate growth and a tight fiscal policy to fight inflation.
So I don't understand why the solution both the Fed and the Treasury are pushing is easy credit to stimulate more consumer spending.
But Wharton finance professor Jeremy Siegel wonders if the easiest way to stimulate the American economy would be to simply issue instant tax rebate checks.
Without the euro, at least a few of the Piigs would have followed the usual path over the last decade: easy-money policies to stimulate their economies and periodic devaluations to offset the resulting inflation as well as their low productivity.
All of this actually shows how easy it can be to stimulate political change in some of the softer authoritarian states.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com