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The Economic Times
The Economic Times
Shreya Biswas

Quote of the day by Paul Krugman: 'Debt is one person's liability, but another person's...' - financial lessons and insights on role of debt in the economy, flow of money and growth of wealth by Nobel Prize-winning economist and pioneer of New Trade Theory

Quote of the day by Paul Krugman : Debt is often portrayed as something negative. Whether it involves household loans, corporate borrowing, or government deficits, the conversation usually focuses on what is owed and the risks that come with it. Yet economists frequently point out that debt has two sides. Every amount borrowed by one party is money that another party expects to receive.

Quote of the Day Today: Paul Krugman on Debt

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