Neither Borrower nor Lender Be: A Letter commenting on "The Unsustainability of U.S.Trade Deficits" by John Quiggin

Thomas J. Grennes, North Carolina State University

Summary

John Quiggins' article, "The Unsustainability of U.S.Trade Deficits" ignores the gains from international borrowing and lending and the gains from trading according to comparative advantage.

Recommended Citation

Grennes, Thomas J. (2005) "Neither Borrower nor Lender Be: A Letter commenting on "The Unsustainability of U.S.Trade Deficits" by John Quiggin," The Economists' Voice: Vol. 2 : Iss. 2, Article 2.
DOI: 10.2202/1553-3832.1057
Available at: http://www.bepress.com/ev/vol2/iss2/art2

 
 
 
 

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