Monday, October 6, 2014

Debt & Wealth

Paul Sheehan, resident conservative columnist at the Sydney Morning Herald:

If we are so wealthy, why are we in so much debt?


Excellent response tweet from Peter Whiteford, prominent economist now at ANU:
If we are so wealthy, why are we in so much debt? AKA if we are in so much debt, why are we so wealthy?


Which reminds me of causes and correlations.

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