Faithin Omaha eBook Collection

Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarant

This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of advanced and emerging economies over almost fo

Public debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the me

The increase in the U.S. public debt over the past twelve years raises questions about its implications for investment and economic growth. This paper places th

A dive into the origins, management, and uses and misuses of sovereign debt through the ages. Public debts have exploded to levels unprecedented in modern histo