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History of Ideas 2: Hume

Past Present Future

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Hume's Views on Debt, Inflation, and the Survival of the British State

This chapter explores Hume's perspective on debt and inflation, and suggests that printing more money may be a safer alternative to defaulting on debts. However, it also counters Hume's prediction of the British state's downfall due to debt, as the state actually thrived with greater debts and factors like empire acquisition and periods of peace.

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