Monday, January 7, 2013

Borrowing

As I mentioned in today's lecture, amidst the administrative and technological chaos, this blog serves to link what we look at in the lectures to the real world. I'm not the only lecturer that does this, and so I'll regularly post interesting and useful blog posts by other economists.

Simon Wren-Lewis lectures in Oxford, and writes a blog called Mainly Macro which is a treasure trove of well written and thought out contributions. He's written yesterday on the "B word", borrowing, and it's a nice response to those, often on the political right, who oppose any kind of suggestion of borrowing.

Well worth a read.

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