Public debt, inequality, and power : the making of a modern debt state / Sandy Brian Hager.

Author
Hager, Sandy Brian [Browse]
Format
Book
Language
English
Published/​Created
Oakland, California : University of California Press, [2016]
Description
1 online resource

Details

Subject(s)
Summary note
"Who are the dominant owners of US 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"--Provided by publisher.
Bibliographic references
Includes bibliographical references and index.
Source of description
Print version record and CIP data provided by publisher; resource not viewed.
ISBN
  • 0520960424 ((electronic bk.))
  • 9780520960428 ((electronic bk.))
LCCN
2016010092
Statement on language in description
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