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A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Tuesday, August 2, 2011

In Defense of Government Borrowing

Mr. Ahsan Mansur, Executive Director, Policy Research Institute (PRI) covers government's record borrowing in FY2011 using proper statistics in his article in the Financial Express. He sees no harm in it!

Here is the article.

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