<p>John Cochrane provides a critical examination of Modern Monetary Theory — and explains why an innovative financial instrument known as a perpetual bond may improve America’s ability to manage its debt load.</p>

John Cochrane provides a critical examination of Modern Monetary Theory — and explains why an innovative financial instrument known as a perpetual bond may improve America’s ability to manage its debt load.

Dealing with Debt: Ideas from the Ridiculous to the Sublime

The Grumpy Economist Podcast features Hoover Institution Senior Fellow John Cochrane offering analysis and commentary on the news of the day from a humorous free-market perspective.

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Dealing with Debt: Ideas from the Ridiculous to the Sublime

Dealing with Debt: Ideas from the Ridiculous to the Sublime

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