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- DescriptionA free ebook version of this title is available through Lumis, University of California Press's open access publishing program for mographs. Visit www.lumisoa.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 w, we have t 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.
- Author BiographySandy Brian Hager is Postdoctoral Fellow at the Weatherhead Center for International Affairs at Harvard University. He has published in various journals, including New Political Economy and Socio-Economic Review.
- Author(s)Sandy Brian Hager
- PublisherUniversity of California Press
- Date of Publication20/12/2016
- SubjectEconomics: Professional & General
- Place of PublicationBerkerley
- Country of PublicationUnited States
- ImprintUniversity of California Press
- Content Note15 charts, 11 tables
- Weight263 g
- Width152 mm
- Height229 mm
- Spine10 mm
- Format DetailsTrade paperback (US)
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