Mountains of Debt: Crisis and Change in Renaissance Florence, Victorian Britain, and Postwar America

Mountains of Debt: Crisis and Change in Renaissance Florence, Victorian Britain, and Postwar America

by Michael Veseth
     
 

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Like the United States today, Renaissance Florence and Victorian Britain were the richest, most dynamic economic systems of their times. Yet each succumbed to a fiscal crisis brought on by public debt and taxation and eventually fell into long-term economic decline. Now, public debt and taxation dominate the America policy agenda. Must the United States follow the…  See more details below

Overview

Like the United States today, Renaissance Florence and Victorian Britain were the richest, most dynamic economic systems of their times. Yet each succumbed to a fiscal crisis brought on by public debt and taxation and eventually fell into long-term economic decline. Now, public debt and taxation dominate the America policy agenda. Must the United States follow the same dismal pattern of fiscal crisis and economic decline? Mountains of Debt argues that it is not too late for the United States to change directions and suggests a comprehensive program for reform of American fiscal institutions that would reduce the deficit problem and at the same time reverse the long-term structural trends that are both the cause and the effect of the fiscal crisis today. Offering proposals for reducing the deficit, this new analysis could alter the current course of the United States economy.

Product Details

ISBN-13:
9780199923403
Publisher:
Oxford University Press
Publication date:
11/29/1990
Sold by:
Barnes & Noble
Format:
NOOK Book
File size:
3 MB

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