作者: Richard Vague

Current debates about economic crises typically focus on the role that public debt and debt-fueled public spending play in economic growth. This illuminating and provocative work shows that it is the …

Financial crises happen time and again in post-industrial economies—and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on …

We were drowning in in record levels of debt before the COVID-19 crisis, and we are now deluged in it. U.S. private-sector loans have tripled relative to income since 1950 – and government debt is al …

HOW TO MAKE DEBT WORK FOR US When we talk about debt and its impact on our economy, we almost always mean ‘government debt’. However, this is only a small part of the picture: individuals, private fi …

Wall Street Journal Bestseller USA Today Bestseller Amazon Bestseller When we talk about debt and its impact on our economy, we almost always mean “government debt.” However, this is only a small par …