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The Economics and Ethics of Government Default, Part II

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Tags Monetary PolicyTaxes and SpendingPhilosophy and Methodology

03/07/2021Kristoffer Mousten Hansen

The economic analysis of repudiation applies to the debt of all levels of government and to all countries. The central question is not how big the government is or how much it owes, but rather whether the debt is funded by taxes.

Original Article: "The Economics and Ethics of Government Default, Part II"

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Author:

Kristoffer Mousten Hansen

Kristoffer Mousten Hansen is a research assistant at the Institute for Economic Policy at Leipzig University and a PhD candidate at the University of Angers. He is also a Mises Institute research fellow. 

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