In Defense of Public Debt

Author/Contributor(s):	Eichengreen, Barry
Publisher:	Oxford University Press
Date:	09/08/2021
Binding:	Hardcover
Condition:	NEW

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.