Abstract
Public debt constitutes private assets. The deficit of one sector of the economy is the surplus of another.
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Eisner, R. (2018). Burden of the Debt. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_158
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DOI: https://doi.org/10.1057/978-1-349-95189-5_158
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