What Ever Happened to Public Finance?
3 Pages Posted: 22 Feb 2011 Last revised: 7 Jun 2011
Date Written: February 21, 2011
The field of public finance has much to say about the short and long-term burden placed on the economy as a result of public debt financing. Unfortunately, in the current debate, we hear mostly anti-government rhetoric with little basis in fact.
Keywords: Public Finance, Debt Burden, Crowding-In, Crowding-Out, Debt Ownership
JEL Classification: E62, H63
Suggested Citation: Suggested Citation