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Debtors' prison : the politics of austerity versus possibility / Robert Kuttner.

By: Kuttner, Robert.
Material type: TextTextPublisher: New York : Alfred A. Knopf, 2013Edition: 1st ed.Bibliography: Includes bibliographical references and index.Description: 331 p. ; 25 cm.ISBN: 9780307959805 (hardback); 0307959805 (hardback).Subject(s): Debt | Budget deficits | Government spending policy | Consumption (Economics)DDC classification: 339.5/2 Other classification: BUS004000 | BUS023000 | BUS035000
Contents:
Introduction -- Agony economics -- The great deflation -- The allure of austerity -- A tale of two wars -- European disunion -- A Greek tragedy -- The moral economy of debt -- A home of one's own -- The Third World's revenge -- Back to the future.
Summary: Argues that austerity is the wrong solution to the U.S. dept problem; shows how austerity serves the interest of creditors--the very bankers and financial elites whose actions precipitated the collapse.
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Includes bibliographical references and index.

Introduction -- Agony economics -- The great deflation -- The allure of austerity -- A tale of two wars -- European disunion -- A Greek tragedy -- The moral economy of debt -- A home of one's own -- The Third World's revenge -- Back to the future.

Argues that austerity is the wrong solution to the U.S. dept problem; shows how austerity serves the interest of creditors--the very bankers and financial elites whose actions precipitated the collapse.

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