![Could/Should Jubilee Debt Cancellations Be Reintroduced Today?](/summary-img/38452-K402VA5S.jpg?h=M&b=0)
Read offline
áudio gerado automaticamente
1×
Faça o Login para ouvir o resumo em áudio.
áudio gerado automaticamente
Recommendation
Long ago, Assyrian kings proclaimed “debt jubilees,” canceling all financial obligations, to ensure civil stability and rebalance gross economic inequalities. So would a debt jubilee today help address the growing concentration of wealth that threatens economic growth? Economists Michael Hudson and Charles Goodhart explore the possibilities in this contemplative essay that offers a fascinating history of debt annulment, as well as proposals for modern-day alternatives.
Summary
About the Authors
Michael Hudson and Charles Goodhart are professors of economics at the University of Missouri and the London School of Economics, respectively.
By the same authors
Learners who read this summary also read
Book
Book
Article
Book
Comment on this summary or Начать обсуждение