“How I Learned to Stop Worrying and Love the National Debt”
A Conversation with Former Deputy Treasury Secretary Frank Newman
Oct 3, 2013
This event will explore common misconceptions regarding the nature of the national debt and its function in the broader context of contemporary U.S. macroeconomic policy. Questions to be addressed include:
What is the national debt comprised of?
Why is the national debt different from a personal debt?
How accurate are the assumptions behind popular fears over the sustainability of the national debt?
How can an accurate understanding of the nature and operations of money inform current debates over the national debt?