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A Debtor World contains a collection of contributions about the societal implications of private debt. The essays comprising this volume are authored by dozens

One of our foremost economic thinkers challenges a cherished tenet of today’s financial orthodoxy: that spending less, refusing to forgive debt, and shrinking

Debt was an inescapable fact of life in early America. At the beginning of the eighteenth century, its sinfulness was preached by ministers and the right to imp

The story of personal debt in modern America Before the twentieth century, personal debt resided on the fringes of the American economy, the province of small-t

The United States has once again entered into a period of large external imbalances. This study examines whether the large and growing currentaccount deficit is