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Deficits for the Rich: Inequality and Instability

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Published in 2020 at "Journal of Economic Issues"

DOI: 10.1080/00213624.2020.1756663

Abstract: Abstract Deficit spending has long been understood as a stabilizing counter-cyclical force. The thesis presented herein is that over recent decades, the cumulative deficits of government and non-corporate entities have expanded the inequality of wealth… read more here.

Keywords: inequality instability; free cash; rich inequality; inequality ... See more keywords