Helicopter Drop (Helicopter Money).

The helicopter drop is a monetary policy tool that involves the central bank directly injecting money into the economy by giving it out to citizens as a form of stimulus. The name comes from the image of a helicopter dropping money from the sky. The helicopter drop is an unconventional form of monetary policy because … Read more

What Is the Robin Hood Effect?

The Robin Hood effect is the tendency for people to redistribute wealth from the rich to the poor. The name comes from the folklore character Robin Hood, who stole from the rich and gave to the poor. The Robin Hood effect has been observed in many different contexts, including economic development, taxation, and philanthropy. There … Read more