while it is correct to argue that if someone lives beyond his or her means we will see their debt increasing, it is not correct to argue that every time we see debt increasing it means that someone is living beyond his or her means. The reason is that we need to consider assets and […]
A primer on public debt
April 6th, 2013 · Comments Off on A primer on public debt
Tags: Sovereign debt crisis
Another wacky economist
November 7th, 2009 · 1 Comment
Predicting the US defaulting on it’s debt…
Tags: Opinion · Public Policy