EAN: 9780197577899

IN DEFENSE OF PUBLIC DEBT - BARRY EICHENGREEN A...

Public debts have exploded to levels unprecedented in recent history as governments responded
to the Covid-19 pandemic and economic crisis. Their dramatic rise has prompted apocalyptic
warnings about the dangers of heavy debts - about the drag they will place on economic growth
and the burden they represent for future generations. This book adds the other side of the
equation: drawing on history  it provides a defence of public debt.

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