Crowded house: are we crowding out the Government?
In this post I want to explore bringing together two economic concepts, apply them to Australia and give it a name. 1. Define the concepts. Crowding out – economists have argued that debt-funded government spending can lead to higher interest rates and an appreciation of the exchange rate that reduces economic growth. As with all things the context … Continue reading Crowded house: are we crowding out the Government?
Grazing Cow 