#587: Jubilee! (?)

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Podcast

Podcaster

Planet Money

The economy explained.

Englisch , Wirtschaft , Nachrichten

Beschreibung

vor 11 Jahren

There's an idea that dates back at least to biblical times. There should be a moment when debts are forgiven. Its called a jubilee. The jubilee has not gotten a lot of traction in the modern world. You may remember after the financial crisis, some of the Occupy Wall Street protesters were calling for a jubilee. But it basically ended there. Today on the show: the story about a country that is actually trying a jubilee. Iceland.