Details

Autor(en) / Beteiligte

• Chamberlain, Neil W.

Titel

Professor Hansen's Fiscal Policy and the Debt

Ist Teil von

• The American economic review, 1945-06, Vol.35 (3), p.400-407

Ort / Verlag

Nashville: The American Economic Association

Erscheinungsjahr

1945

Link zum Volltext

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• The national debt cannot be considered by itself, but only as the numerator of a ratio, the denominator of which is the national income. If the national income is rising with the national debt, the ratio need not change and the growing debt need cause no alarm. Professor Hansen does not necessarily imply that the existing ratio should be maintained