Monday, August 10, 2015

Dirk Ehnts — Richard Musgrave (1959): “The government is never forced to borrow in the market or to maintain and service outstanding debts.”


Keeper quote by Richard Musgrave.

econoblog 101
Richard Musgrave (1959): “The government is never forced to borrow in the market or to maintain and service outstanding debts.”
Dirk Ehnts | Lecturer at Bard College Berlin

2 comments:

circuit said...

Nice!

Roger Erickson said...

Maybe the only guy at that time who heard, read or understood Beardsley Ruml's 1946 speech.