David Hume and America’s Debt Disaster

Source: Law & Liberty
by Samuel Gregg

“In his 1752 essay, ‘Of Public Credit,’ Hume dramatically stated that ‘either the nation must destroy public credit, or public credit will destroy the nation.’ Hume was not averse to changing his mind. But this is one subject on which his opinion never altered. Indeed, some of his insights help us grasp the deeper dynamics underlying America’s present debt challenges.” (09/04/24)

https://lawliberty.org/david-hume-and-americas-debt-disaster/