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- 304 pages
- 11 hours of reading
More about the book
Focusing on the often-overlooked realm of private debt, the author explores its critical role in shaping the American economy. Through a comprehensive analysis of assets and liabilities across sectors, he reveals how rising private debt contributes to financial crises, inequality, and paradoxically, economic growth. The book emphasizes the necessity of managing debt to maintain stability and offers practical policy solutions across various areas, supported by innovative data and the author's extensive financial experience. It's a vital read for understanding economic dynamics.
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The Paradox of Debt, Richard Vague
- Language
- Released
- 2023
- product-detail.submit-box.info.binding
- (Hardcover)
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- Title
- The Paradox of Debt
- Subtitle
- A New Path to Prosperity Without Crisis
- Language
- English
- Authors
- Richard Vague
- Publisher
- University of Pennsylvania Press
- Released
- 2023
- Format
- Hardcover
- Pages
- 304
- ISBN13
- 9781512825329
- Series
- Rating
- 4 out of 5
- Description
- Focusing on the often-overlooked realm of private debt, the author explores its critical role in shaping the American economy. Through a comprehensive analysis of assets and liabilities across sectors, he reveals how rising private debt contributes to financial crises, inequality, and paradoxically, economic growth. The book emphasizes the necessity of managing debt to maintain stability and offers practical policy solutions across various areas, supported by innovative data and the author's extensive financial experience. It's a vital read for understanding economic dynamics.