In Defense of Public Debt

In Defense of Public Debt

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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.