ERIC Number: ED413257
Record Type: Non-Journal
Publication Date: 1993-Jun
Reference Count: N/A
Public Debt: Private Asset. Government Debt and Its Role in the Economy.
Federal Reserve Bank of Chicago, IL.
This is one of a series of essays adapted from articles in "On Reserve," a newsletter for economic educators published by the Federal Reserve Bank of Chicago. This pamphlet explains how public debt incurred by the federal government may not be necessarily bad from an economic perspective. The sections of the pamphlet include: (1) "Debt as an Asset"; (2) "Government Debt Instruments"; (3) "The Government in the Market"; (4) "The Auction"; and (5) "The Burden of Deficits." Contains a list of 11 additional readings. (EH)
Descriptors: Banking, Business Cycles, Capitalism, Economic Climate, Economic Development, Economics, Financial Policy, High Schools, Investment, Monetary Systems, Social Studies
Federal Reserve Bank of Chicago, Public Information Center, P.O. Box 834, Chicago, IL 60690-0834; telephone: 312-322-5111.
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Federal Reserve Bank of Chicago, IL.