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Public Debt, Inequality, and Power

- The Making of a Modern Debt State

About Public Debt, Inequality, and Power

Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? This is an historical analysis of public debt ownership in the US.

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  • Language:
  • English
  • ISBN:
  • 9780520284661
  • Binding:
  • Paperback
  • Pages:
  • 174
  • Published:
  • June 24, 2016
  • Dimensions:
  • 306x155x11 mm.
  • Weight:
  • 270 g.
Delivery: 2-4 weeks
Expected delivery: October 26, 2024

Description of Public Debt, Inequality, and Power

Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? This is an historical analysis of public debt ownership in the US.

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