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Quoted: Charles Wheelan ’88 on How Debt is Good—and Bad

4/15/2016
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“We love borrowing for what it allows us to do—until we can’t pay it back. And we love bankers who make it possible—until we want to pelt them with stones,” says Senior Lecturer Charles Wheelan ’88 in a TIME magazine opinion piece about debt.

Wheelan is a senior lecturer in the Department of Economics and a policy fellow at the Nelson A. Rockefeller Center for Public Policy.

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  • Department of Economics
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It’s a very delicate balance. If we’re in a situation where the Fed can’t make sure prices are stable because it’s too worried about the stability of the banking system, that would be a very unfortunate situation.

Byline
Andrew Levin, Professor of Economics
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ABC News
Date
3/21/2023
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Better access to high quality, and cheaper, day care is an important factor in boosting female participation rates.

Byline
Claudia Olivetti, George J. Records 1956 Professor of Economics
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Attribution
Financial Times
Date
3/10/2023
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