Thursday, March 29, 2018. An oped on debt in the Washington Post. Growing debt and deficits are a danger. If interest rates rise, debt service will rise, and can provoke a crisis. Really the only solution is greater long-run economic growth and to reform - reform, not cut - entitlements. And the sooner the better, as the size and pain of the adjustment is much less if we do it now. A Debt Crisis is on the Horizon. We live in a time of extraordinary promise. Breakthroughs in artificial intelligence, 3.

candidate at the University of Surrey, U. funded by the Economic and Social Research Council. thesis focuses on the theory of financial frictions and stabilization policy in macroeconomics and is supervised by Paul Levine. I am also a Research Fellow in the Centre for International Macroeconomic Studies. At the University of Surrey, working in open economy macroeconomics. My research interests include macroeconomic theory, financial economics, and monetary economics.