| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12605 |
| DP12605 Could/Should Jubilee Debt Cancellations be Reintroduced Today? | |
| Charles A. E. Goodhart; Michael Hudson | |
| 发表日期 | 2018-01-16 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | In this paper we recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. We note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial institutions, such as banks, insurance companies, etc., rather than by governments or wealthy families directly. But we argue that the underlying social purpose of such Jubilees – to keep debt within the reasonable ability to be paid without social and economic polarisation – could be recreated via alternative mechanisms, and we discuss the politico-economic arguments for, and against, doing so |
| 主题 | Economic History ; Public Economics |
| 关键词 | Debt-canceling jubilees Babylonian and byzantine empires Equity participation Student loans Land tax Inequality |
| URL | https://cepr.org/publications/dp12605 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541417 |
| 推荐引用方式 GB/T 7714 | Charles A. E. Goodhart,Michael Hudson. DP12605 Could/Should Jubilee Debt Cancellations be Reintroduced Today?. 2018. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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