It Is Time to Remove the Debt Barrier to Economic Growth

Michael Hudson and Paul Craig Roberts make the case that debt forgiveness (or debt jubilee–a biblical concept) is needed in order for the economy to become healthier again. While I believe a first order priority to is reestablish rule of law at all levels government and sectors of the economy, this is a idea worth consideration.

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

One thought on “It Is Time to Remove the Debt Barrier to Economic Growth

  1. Thank you for the interview you did with Catherine Austin Fitts. I really appreciated your perspective. These are difficult times and wrestling with how we communicate with others who do not want to know what is really going on is not easy. May God help us all. God bless you.

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