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Reason Foundation

It's the Debt, Stupid!

Adrian Moore
February 8, 2009, 11:32am

As a "stimulus" deal appears to be drawing closer, it is way past time Congress realized a crisis of excess debt cannot be solved by creating more debt. Niall Ferguson, the author of the new book The Ascent of Money: A Financial History of the World, explains in the LA Times, "Keynes Can't Help Us Now."


Adrian Moore is Vice President, Policy


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