Insights for Navigating an Uncertain World
“The bond market’s message to Washington is clear: You can’t borrow trillions every year, tolerate persistently high inflation, and expect cheap financing forever.”
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. View more posts
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