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BONUS: George Hall on Financing World War II and Managing Post-War Debt
George Hall is a professor of economics at Brandeis University, and was formerly an economist at the Chicago Federal Reserve Bank. In this bonus segment from the previous conversation, George rejoins the podcast to talk about how the US handled the surge in debt resulting from World War II, how COVID changed government financing, his thoughts on the debt ceiling crisis, and more.
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Transcript for the episode can be found here.
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George\u2019s Twitter: @George_J_Hall
George\u2019s Brandeis profile
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David Beckworth\u2019s Twitter:\xa0@DavidBeckworth
Follow us on Twitter:\xa0@Macro_Musings
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Related Links:
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*Brief History of US Debt Limits Before 1939* by George Hall and Thomas Sargent
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*Financing Big US Federal Expenditures Surges: COVID-19 and Earlier US Wars* by George Hall and Thomas Sargent
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*Debt and Taxes in Eight U.S. Wars and Two Insurrections* by George Hall and Thomas Sargent