Government debt is not as bad as many critics claim. Still, there are some rules to follow.
In the 133 edition of „bto 2.0 – der Ökonomie-Podcast mit Dr. Daniel Stelter“ Prof. Dr. Barry Eichengreen of the University Berkley of California and one of the authors of In Defense of Public Debt discusses the implications of public debt. When is it useful, when should it be restricted, how should governments deal with too high debt levels.
For daily new analyses, commentaries and assessments of the economic and financial situation, visit www.think-bto.com.
You can reach the editors at firstname.lastname@example.org. We welcome your opinions, suggestions and criticism.
CLARK insurance app:
For bto listeners a BestChoice Shopping voucher from CLARK of up to 30 euros:
Register with the code “BTO” – in capital letters please – at www.clark.de (Germany), www.goclark.at (Austria) or directly in the app. New customers receive a 15-euro BestChoice shopping voucher for the first existing insurance policy uploaded to the app (excluding statutory health insurance, old-age provision, ADAC memberships) and a 30-euro BestChoice shopping voucher for two insurance policies. The shopping voucher can be redeemed at brands such as H&M, Zalando, AppStore, AboutYou, Amazon and many others. All BestChoice brands here. Voucher dispatch after insurance has been confirmed as valid. Conditions of participation at https://www.clark.de/de/teilnahmebedingungen/podcast15