Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Public Debt, Inequality, and Power: The Making of a Modern Debt State

Public Debt, Inequality, and Power: The Making of a Modern Debt State

Hager, Sandy Brian

Paperback

EconomicsInvesting & Finance21st Century United States History

ISBN10: 0520284666
ISBN13: 9780520284661
Publisher: Univ Of California Pr
Published: Jun 24 2016
Pages: 174
Weight: 0.55
Height: 0.50 Width: 5.90 Depth: 9.00
Language: English
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.

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21st Century United States History

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