Public debt: Difference between revisions

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<ref> The algebra of the debt trap is examined on the [[/Addendum|addendum subpage]] and at page 315 of Frederic Fourie: ''How to Think and Reason in Macroeconomics''. JUTA 2001</ref>
<ref> The algebra of the debt trap is examined on the [[/Addendum|addendum subpage]] and at page 315 of Frederic Fourie: ''How to Think and Reason in Macroeconomics''. JUTA 2001</ref>
===Intergenerational consequences===
<ref> The economics of "crowding-out" are explained on page 56 of  Frederic Fourie: ''How to Think and Reason in Macroeconomics''. JUTA 2001, and on page 246 of William Baumol and Alan Blinder: ''Economics, Principles and Policy'', Harcourt, Brace Jovanovich 1979 </ref>

Revision as of 03:42, 13 April 2009

Economic consequences

Sustainability

[1]

  1. ↑ The algebra of the debt trap is examined on the addendum subpage and at page 315 of Frederic Fourie: How to Think and Reason in Macroeconomics. JUTA 2001
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