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Debt and Deficit

Debt and Deficit - 89 edition

ISBN13: 978-0393306118

Cover of Debt and Deficit 89 (ISBN 978-0393306118)
ISBN13: 978-0393306118
ISBN10: 0393306119
Cover type:
Edition/Copyright: 89
Publisher: W.W. Norton & Co.
Published: 1989
International: No

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Debt and Deficit - 89 edition

ISBN13: 978-0393306118

Robert L. Heilbroner

ISBN13: 978-0393306118
ISBN10: 0393306119
Cover type:
Edition/Copyright: 89
Publisher: W.W. Norton & Co.

Published: 1989
International: No
Summary

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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