How Accountability Shapes National Borrowing Rates | The Professor Is In
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What's the relationship between journalism and borrowing costs?
When a local paper shuts down, something surprising happens: the town starts paying higher interest on its debt. Justin Wolfers sits down with producer Augusta to answer viewer questions about why press freedom isn't just a civics-class ideal — it's an economic force that touches your mortgage rate, your government's bond yields, and the whole institutional plumbing that keeps prosperity running.
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