Ed Prescott has posted his new paper on the optimal size of government debt. This paper is related to earlier posts (here and here) based on a Prescott op-ed.
I am a professor and chairman of the economics department at Harvard University, where I teach introductory economics (ec 10). I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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