Tuesday, September 26, 2017

Lars P. Syll— Public debt — an economic necessity


Superb Bill Vickrey quote.

Lars P. Syll’s Blog
Public debt — an economic necessity
Lars P. Syll | Professor, Malmo University

Also

Neoliberal ‘ethics’

2 comments:

MRW said...

LOVE Bill Vickery.

Andrew Anderson said...

Yes, and public debt should be a REVENUE EARNER (i.e. NEGATIVE YIELDS/INTEREST) for the monetary sovereign to avoid welfare proportional to account balance.