Join us in Irvington, NY for An Evening at FEE on Saturday, November 2 to hear Peter J. Boettke on "Government Juggling Tricks.”
Governments have been hiding the extent of their debt by using “pretend payments” since at least Adam Smith’s day. Government spending intended to maintain stability, avoid deflation, and stimulate the economy leads to increases in government debt. Governments “juggle” this debt by borrowing more or printing money to make payments. As recent fiscal crises illustrate, this trick has run its course.
FEE Trustee Peter J. Boettke is University Professor of Economics and Philosophy at George Mason University and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center. Before joining the faculty at George Mason University in 1998, Boettke taught at New York University. Boettke was a National Fellow at the Hoover Institution for War, Revolution and Peace at Stanford University and the F. A. Hayek Fellow in 2004 and 2006 at the London School of Economics. His publications include Calculation and Coordination: Essays on Socialism and Transitional Political Economy, Robust Political Economy for the 21st Century, and Living Economics: Yesterday, Today and.
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End : November 2, 2013 - 9:30 PM