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Hardcover The Next Economic Disaster: Why It's Coming and How to Avoid It Book

ISBN: 0812247043

ISBN13: 9780812247046

The Next Economic Disaster: Why It's Coming and How to Avoid It

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Format: Hardcover

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Book Overview

Current debates about economic crises typically focus on the role that public debt and debt-fueled public spending play in economic growth. This illuminating and provocative work shows that it is the rapid expansion of private rather than public debt that constrains growth and sparks economic calamities like the financial crisis of 2008. Relying on the findings of a team of economists, credit expert Richard Vague argues that the Great Depression...

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