The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Burden of the Debt

  • Robert Eisner
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_158

Abstract

Public debt constitutes private assets. The deficit of one sector of the economy is the surplus of another.

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Robert Eisner
    • 1
  1. 1.