Publications

Policy Note 2006/2 | February 2006

The Fiscal Facts

Public and Private Debts and the Future of the American Economy

Today’s federal budget deficits are a preoccupation of many American citizens and more than a few political leaders. Is the American government going bankrupt? Does our fiscal condition warrant radical surgery, as some now prescribe? Or, are we in such deep trouble that there is no plausible route of escape?


Publication Highlight

Working Paper No. 817
Endogenous Money and the Natural Rate of Interest
The Reemergence of Liquidity Preference and Animal Spirits in the Post-Keynesian Theory of Capital Markets
Author(s): Philip Pilkington
September 2014

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