Public Debt, Inequality, and Power - The Making of a Modern Debt State (Paperback)

A free ebook version of this title is available through Luminos, University of California Press's open access publishing program for monographs. Visit www.luminosoa.org to learn more. Who are the dominant owners of U.S. public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we have not had any satisfactory answers to these questions. Public Debt, Inequality, and Power is the first comprehensive historical analysis of public debt ownership in the United States. It reveals that ownership of federal bonds has been increasingly concentrated in the hands of the 1 percent over the last three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten.

General

Imprint:	University of California Press
Country of origin:	United States
Release date:	June 2016
First published:	2016
Authors:	Sandy Brian Hager
Dimensions:	229 x 152 x 10mm (L x W x T)
Format:	Paperback - Trade
Pages:	174
ISBN-13:	978-0-520-28466-1
Categories:	Books > Humanities > History > American history > General Books > Humanities > History > History of specific subjects > Economic history Books > Humanities > History > World history > From 1900 > Postwar, from 1945 Books > History > American history > General Books > History > History of specific subjects > Economic history Books > History > World history > From 1900 > Postwar, from 1945
LSN:	0-520-28466-6
Barcode:	9780520284661

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