A Primer on the National Debt

On May 8, 2012, in credit, economic theory, insurance regulation, tax policy, by admin

Simon Johnson and James Kwak. White Housing Burning: The Founding Fathers, Our National Debt, and Why It Matters To You. Pantheon Books, 2012, pp. 352, $26.95 The two constants in the upcoming 2012 general election likely will be an inordinate amount of negative campaigning and vigorous disagreement about how to best foster economic growth. Implicit [...]

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Federal Government as Financial Institution

On November 8, 2011, in banking, credit, by Jon Lewis

Uncle Sam in Pinstripes: Evaluating U.S. Federal Credit Programs. Douglas J. Elliott. Brookings Institution Press, 2011, pp. 147, $19.95 Of all the demands of the Occupy Wall Street movement, none probably has more resonance to many underemployed young Americans than their call for student debt relief. Indeed, according to The Federal Reserve Bank of New [...]

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