Budget deficit and government borrowing

Professor M A Taslim writes on the latest economic development with a focus on increasing budget deficit, and its links with excessive government borrowing as part of budget financing. With a discussion on economics philosophical background and what they mean in reality, he termed the current approach of the government risky  in the long-run and suggested the government to restrain its ambition for the sake of long-run macroeconomic stability of the economy. Another excellent piece from him to know economics philosophy, theories and their interlinks in reality.

Here is the link for the article.