"When we talk about debt and its impact on our economy, we almost always mean "government debt." However, this is only a small part of the picture: individuals, private firms, and households owe trillions, and these private debts are vital to understanding the economy. In this iconoclastic book, Richard Vague examines the assets, liabilities, and incomes of the entire country, private and public sector, to reveal its net worth. His holistic analysis shows that the real factor that drives both financial crises and spiraling ...
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"When we talk about debt and its impact on our economy, we almost always mean "government debt." However, this is only a small part of the picture: individuals, private firms, and households owe trillions, and these private debts are vital to understanding the economy. In this iconoclastic book, Richard Vague examines the assets, liabilities, and incomes of the entire country, private and public sector, to reveal its net worth. His holistic analysis shows that the real factor that drives both financial crises and spiraling inequality--but also, paradoxically, economic growth--is ever rising private debt. The paradox is that while debt is essential and our economy relies on it, it also brings instability unless it is periodically deleveraged--and that is very hard to do. It can, however, be carefully managed, and Vague ends the book by showing how to do so in policy areas ranging from trade and housing to financial policy and student debt. Underpinned by pioneering data analysis and the author's lifetime of experience in the financial world, this book is essential for anyone who wants to understand the deep, underlying dynamics of the American economy."--Provided by publisher.
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Add this copy of The Paradox of Debt: A New Path to Prosperity Without to cart. $24.97, like new condition, Sold by GreatBookPricesUK5 rated 4.0 out of 5 stars, ships from Castle Donington, DERBYSHIRE, UNITED KINGDOM, published 2023 by University of Pennsylvania Press.
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Fine. Sewn binding. Paper over boards. 304 p. Contains: Illustrations. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Add this copy of The Paradox of Debt: A New Path to Prosperity Without to cart. $25.13, new condition, Sold by GreatBookPricesUK5 rated 4.0 out of 5 stars, ships from Castle Donington, DERBYSHIRE, UNITED KINGDOM, published 2023 by University of Pennsylvania Press.
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New. Sewn binding. Paper over boards. 304 p. Contains: Illustrations. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
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Add this copy of The Paradox of Debt: a New Path to Prosperity Without to cart. $18.99, very good condition, Sold by HPB-Movies rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2023 by University of Pennsylvania Press.
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Very good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!
Add this copy of The Paradox of Debt: a New Path to Prosperity Without to cart. $18.99, very good condition, Sold by HPB-Emerald rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2023 by University of Pennsylvania Press.
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Very good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!
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Add this copy of The Paradox of Debt: A New Path to Prosperity Without to cart. $28.18, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2023 by University of Pennsylvania Press.
