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It also formally limited state debt, a predecessor of many contemporary "debt ceiling" clauses.
The New York Times' Gretchen Morgenson detailed the implications of the 76-year-old law for contemporary debt disputes in January.
"Contemporary debt is accumulated to finance the lifestyles of people alive today.
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There is also a review of major democratic gains and disappointments since 2011; analysis of renewed internal armed conflicts; and attention to the contemporary sovereign debt crisis relative to the structural adjustment debt of earlier decades.
Nor is Anderson the only figure in non-musical contemporary culture whose debt to Benjamin Britten is immense.
Many of the key causes of Peru's contemporary crisis--foreign debt, fiscal irresponsibility, desgobierno (erratic, inappropriate, or incompetent behavior on the part of the government), and the centralization of governmental authority--have been recurrent themes in Peruvian history since at least the early republican period.
Contemporary Europe, mired in debt and austerity programs, has replaced the social conformity of the 1950s.
Lewis describes the anticipated repayment of debt maintaining a contemporary colonial relationship and, in the absence of economic recompensation, it enables for a moral recompensation.
Our model is stylized but nonetheless sheds light on two contemporary policy questions: Should household debt be limited, and should the personal bankruptcy code be more forgiving?
In text and in a mélange of mediums, the piece expounds on the plight of contemporary artists burdened by financial debt, mainly from student loans, relative to the profiteers of the booming art-as-asset economy.
But his book is unmistakably contemporary, and he acknowledges its debt to other recent bestsellers – Freakonomics, Malcom Gladwell's Outliers or The Tipping Point – that have popularised complex subjects without simplifying them.
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CEO of Professional Science Editing for Scientists @ prosciediting.com