providing coherent and informative answers to such important questions as the effect of federal government debt on interest …

challenges of inflation and globalization. Pollin believes the biggest obstacle to creating a full-employment economy is politics …

decade or so, such as intergenerational transfers of debt and declines in corporate tax revenues. Chapters deal with both … microeconomic and macroeconomic aspects of the effects of budgets, and demonstrate how budgetary policies affect inflation …, and Ricardian equivalence and neutrality. Budget deficits and optimal policies, inflation and its relationship to budget …

levels of debt? These top economists discuss future directions for monetary policy, fiscal policy, financial regulation … stable inflation for growth and the real stability of the economy? How strong is the case for open capital markets? Too often … regulation; the need for new theoretical approaches, incorporating advances in agency theory, behavioral economics, and …

This anatomy of financial crises shows that the worldwide debt crisis of the 1980s was not unprecedented and was even …

Credit brings together leading international researchers to focus specifically on consumer debt, presenting current empirical … and theoretical research crucial to ongoing policy debates on such topics as privacy rules, the regulation of contractual … U.S. experience with bankruptcy regulation and the development of the credit counseling industry. Finally, the book …