Dealing with Debt: Ideas from the Ridiculous to the Sublime

Update: 2020-06-13

Description

John Cochrane provides a critical examination of Modern Monetary Theory — and explains why an innovative financial instrument known as a perpetual bond may improve America’s ability to manage its debt load.

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Dealing with Debt: Ideas from the Ridiculous to the Sublime

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Dealing with Debt: Ideas from the Ridiculous to the Sublime

Hoover Institution

Dealing with Debt: Ideas from the Ridiculous to the Sublime