Public Debt and Economic Growth, One More Time

by Ugo Panizza and Andrea F Presbitero This post was originally published by Voxeu.org The very public Rogoff-Reinhart kerfuffle has focused on what is not true. This column reviews the evidence on what is true. It suggests that the debt-growth link is more complex than commonly thought. While there is evidence that public debt is …

Government Debt and Deficits Are Not the Problem. Private Debt Is.

by Michael Hudson, New Economic Perspectives Remarks by Prof. Michael Hudson at The Atlantic’s Economy Summit, Washington DC, Wednesday, March 13, 2013. There are two quite different perspectives in the set of speeches at this conference. Many on our morning panels – Steve Keen, William Greider, and earlier Yves Smith and Robert Kuttner – have …