Summary

Thomas Grennes’s letter criticizing my article, "The Unsustainability of the US Trade Deficit," fails to distinguish between the trade deficit and the current account deficit, and therefore does not respond to my argument.

Recommended Citation

Quiggin, John (2005) "Quiggin Responds to "Neither Borrower nor Lender Be" by Thomas J. Grennes," The Economists' Voice: Vol. 2 : Iss. 2, Article 6.
DOI: 10.2202/1553-3832.1078
Available at: http://www.bepress.com/ev/vol2/iss2/art6