In honor of his recent passing, we’re taking our cue from Dick Clark’s classic television game show of yesteryear for today’s article, in which we’ll pretend to be the ones giving five clues to a contestant on that show so they can guess the category. See if you can guess what the category is…
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The first question: “Does racking up a lot of national debt hurt a country’s economic growth prospects?” The answer, via Political Calculations: What we see is that high levels of national debt with respect to the size of a nation’s economy, would appear to have a medium-strength effect upon its real rate of economic…
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