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The Debt and the Deficit: False Alarms/Real Possibilities - Softcover

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9780393306118: The Debt and the Deficit: False Alarms/Real Possibilities

Synopsis

As the British trade deficit continues to grow, this trenchant, original and timely book on the US deficit and national debt offers much to readers on this side of the Atlantic.

The authors explain what national debts and deficits are, and what they are not. One thing they are not nearly as big as we think. Another thing they are not is a burden on the shoulders of our grandchildren. And one thing they are is a potential means of financing economic growth. Heilbroner and Bernstein do not shrug aside the debt and deficit. "The only remedy for our present frightened state of mind", they write, "is explanations that are simple but accurate, facts that will defuse unreasoning panic, and arguments that will stand up under the most skeptical examination."

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From the Back Cover

In crystal-clear language, Robert Heilbroner and Peter Bernstein explain what national debts and deficits are, and what they are not.

About the Author

Robert L. Heilbroner was Norman Thomas Professor of Economics at the New School for Social Research and author of The Worldly Philosophers and many other books.

Peter L. Bernstein (1919―2009), the financial historian, wrote nine books, including the worldwide bestseller Against the Gods: The Remarkable Story of Risk.

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  • PublisherW. W. Norton & Company
  • Publication date1989
  • ISBN 10 0393306119
  • ISBN 13 9780393306118
  • BindingPaperback
  • LanguageEnglish
  • Edition number1
  • Number of pages144
  • Rating
    • 4.18 out of 5 stars
      11 ratings by Goodreads

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9780393027525: The Debt and the Deficit: False Alarms/Real Possibilities

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ISBN 10:  039302752X ISBN 13:  9780393027525
Publisher: WW Norton & Co, 1990
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