Debt: Good, Bad, Ugly, and Not-Really

Debt is often considered something bad in our society. At the beginning of any semester in the macroeconomics principles I'll have many students identify debt - either the "national debt" or student loan debt or even just household debt - as a leading macroeconomic challenge facing the nation. The reason is because debt is an … Continue reading Debt: Good, Bad, Ugly, and Not-Really