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Friday, October 24, 2014

'Redistribution Between Generations'

Simon Wren-Lewis:

Redistribution between generations: I ought to start a series on common macroeconomic misunderstandings. (I do not watch zombie films.) ... Here is one that crops up fairly regularly - that government debt does not involve redistribution between generations. The misunderstanding here is obvious once you see that generations overlap. ...

    Posted by on Friday, October 24, 2014 at 09:41 AM in Economics | Permalink  Comments (16)


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