Robert Eisner, in The Bulletin of the American Academy of Arts and Sciences (April 1993), Norton's Woods, 136 Irving St., Cambridge, Mass. 02138.
The sense of alarm over the nation's mounting national debt is now so widespread that it is re- freshing to read the occasional dissenter. One of these is Eisner, an economist at Northwestern University, past president of the American Eco- nomics Association, and a longtime critic of what might be called the "sky is falling" school of economics.
To...