Public debts have exploded to levels unprecedented in recent history as governments responded to the Covid-19 pandemic and economic crisis. Their dramatic rise has prompted apocalyptic warnings about the dangers of heavy debts - about the drag they will place on economic growth and the burden they represent for future generations. This book adds the other side of the equation: drawing on history, it provides a defence of public debt.
Follow-up to "Capital In The 21st Century", which sold over two-million copies in over forty languages. Piketty challenges readers to revolutionise conceptions of politics, ideology and history. Ar...
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