Top of page

Book/Printed Material Public debt, inequality, and power : the making of a modern debt state

View Enlarged Image

About this Item

Title

  • Public debt, inequality, and power : the making of a modern debt state

Summary

  • "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.

Names

  • Hager, Sandy Brian, author.

Created / Published

  • Oakland, California : University of California Press, [2016]

Contents

  • Introduction : public debt, inequality and power -- The spectacle of a highly centralized public debt -- The bondholding class resurgent -- Fiscal conflict : past and present -- Bonding domestic and foreign owners -- Who rules the debt state? -- Conclusion : informing democratic debate -- Appendix : accounting for the public debt.

Headings

  • -  Debts, Public--United States
  • -  Government securities--United States

Notes

  • -  Includes bibliographical references.
  • -  Description based on online resource; title from PDF title page (Site, viewed 02/19/2021).

Medium

  • 1 online resource : illustrations

Call Number/Physical Location

  • HJ8101

Digital Id

Library of Congress Control Number

  • 2016010092

Rights Advisory

Access Advisory

  • Unrestricted online access

Online Format

  • image
  • epub

Additional Metadata Formats

Rights & Access

The books in this collection are licensed under open access licenses allowing for the reuse and distribution of each book following the terms described in each license. Researchers should consult the Rights Advisory statement for each title and the accompanying license details for information about rights and permissions associated with each of the licenses.

More about Copyright and other Restrictions.

Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Hager, Sandy Brian, Author. Public Debt, Inequality, and Power: The Making of a Modern Debt State. [Oakland, California: University of California Press, 2016] Image. https://www.loc.gov/item/2016010092/.

APA citation style:

Hager, S. B. (2016) Public Debt, Inequality, and Power: The Making of a Modern Debt State. [Oakland, California: University of California Press] [Image] Retrieved from the Library of Congress, https://www.loc.gov/item/2016010092/.

MLA citation style:

Hager, Sandy Brian, Author. Public Debt, Inequality, and Power: The Making of a Modern Debt State. [Oakland, California: University of California Press, 2016] Image. Retrieved from the Library of Congress, <www.loc.gov/item/2016010092/>.