As ashok economics essay experience honor ideology in mitra

Another idea associated with Ricardo is Ricardian equivalence , an argument suggesting that in some circumstances a government's choice of how to pay for its spending ( ., whether to use tax revenue or issue debt and run a deficit) might have no effect on the economy. Ricardo notes that the proposition is theoretically implied in the presence of intertemporal optimisation by rational tax-payers: but that since tax-payers do not act so rationally, the proposition fails to be true in practice. Thus, while the proposition bears his name, he does not seem to have believed it. Economist Robert Barro is responsible for its modern prominence.

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As ashok economics essay experience honor ideology in mitra

as ashok economics essay experience honor ideology in mitra

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as ashok economics essay experience honor ideology in mitraas ashok economics essay experience honor ideology in mitra