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Some ways to introduce a modern debt Jubilee

Goodhart, Charles and Hudson, Michael (2018) Some ways to introduce a modern debt Jubilee. Vox EU (11 Jun 2018). Opinion Piece.

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Abstract

The increasing income and wealth inequalities within countries is one of today’s great social concerns. This column describes how the tendency towards increasing indebtedness in much earlier societies was held in check by debt-cancellation Jubilees, and discusses ways to deal with today’s debt overhang and accompanying wealth inequalities. The funding of a modern Jubilee could come mostly, perhaps entirely, from a land/or property tax.

Item Type: Website (Opinion Piece)
Official URL: https://voxeu.org/
Additional Information: © 2018 CEPR
Divisions: Financial Markets Group
Subjects: H Social Sciences > HG Finance
Sets: Research centres and groups > Financial Markets Group (FMG)
Date Deposited: 13 Jun 2018 15:57
Last Modified: 13 Jun 2018 15:57
URI: http://eprints.lse.ac.uk/id/eprint/88346

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