Public Debt, Inequality, and Power

Dublin Core

Title

Public Debt, Inequality, and Power

Subject

Economics,
finance,
business and management

Description


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 past three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten.

Creator

Sandy Brian Hager

Source

http://oapen.org/download?type=document&docid=611194

Publisher

University of California Press, Oakland, California

Contributor

Rika Zulfia

Rights

Creative Commons

Type

Textbooks

Files

Citation

Sandy Brian Hager , “Public Debt, Inequality, and Power,” Open Educational Resource (OER) - USK Library, accessed June 20, 2024, http://uilis.usk.ac.id/oer/items/show/336.

Document Viewer