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What Would Hume Make Of Our Current Theories And Our Current Economic Predicament? And What Should We Make Of His Views On Government Debt?

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Executive Summary

This paper aims to offer observations on two things: first, what Hume would make of the present predicament of economics and the economy; and second, what today's economists should make of his writing on the subject. The focus of the paper is on Hume's Of Public Credit, which is much less well known than his other writings on economics, yet devoted to a subject very much at the forefront of contemporary events and discussion among economists. Section 2 looks at Hume on us; the sections that follow, at us on Hume.

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