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As the British trade deficit continues to grow, this trenchant, original and timely book on the US deficit and national debt offers much to readers on this side of the Atlantic.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."

This volume takes a non-economic approach to the issue of the federal deficit. By identifying fiscal problems as merely the visible symptoms of a basic behavioral dynamic common to all people, Cole S. Brembeck undertakes a singular study of how human interests perpetuate the deficit and how, therefore, the deficit issue reflects the nature of the representation in the federal government. Solutions to the worsening deficit crisis can then be explored by shifting the primary focus away from money, budgets, and expenditures and toward people, power, and politics.Fourteen essays discuss different aspects of the human factor in the federal debt by analyzing how members of the U.S. Congress spend public money. After establishing the relationship between money and human behavior (the psychological groundwork of the entire work), attention then turns to the human and political motivations that result in the incurring of debt and how Congress's monetary practices demonstrate the psychology of public spending. A subject that could constitute an attack on Congress receives fresh insight--rather than isolating Congress as a body with a unique propensity for spending, Brembeck acknowledges the relevant force that is a common human motivator. The work aims at redefining the central issue of the debt debate and concludes with proposals that may help to remedy the financial crisis, based on the premise that the federal debt is a human, not a fiscal, problem.

America is currently involved in one of the worst economic crises of modern times. As alarm increases over how the government will balance the budget, handle the debt, and maintain prosperity for the future, the minutia of debts and deficits remains incomprehensible to many. Why is it so hard to find ways to resolve the fiscal crisis? This brief and intelligible book is a guide to understanding both the difficulties involved in managing the federal budget and why the on-going fiscal crisis is so significant for America’s future. In order to introduce the reader to the basic composition of federal spending and to the ways that the government raises revenue, Hudson begins his guide with a "map" clarifying how to navigate the federal budget. He defines basic financial vocabulary and outlines concepts by using clear charts and diagrams that both provide basis for discussion and illustrate key points. With this budget map in mind, the second part of the book lays out how the partisan divide in America helps explain the fiscal crisis. Hudson analyzes the debate on the extent of the fiscal crisis, the ways that political parties have tried to solve it, and the political events and institutions that have surrounded the crisis. This citizen’s guide reveals how differing views of America inform the arguments over deficits and debt. By the time readers finish the book, they will understand that the conflict over deficits and debt is not simply about where to cut or add spending, but instead is a struggle over national priorities and visions for the future.

Analyzing the causes and consequences of debt and deficits from the late 17th century to the 1990s, the authors examine the ideas and events that have changed economists' , politicians', and policy makers' views over the last 250 years. They address such questions as why tax collection was so much more effective in 18th century England than in the Ancien Regime in France; what Gladstonian Public Finance was; whether there was a Keynesian Revolution at the Treasury; and whether war is the inevitable engine of developments. Annotation c. by Book News, Inc., Portland, Or.

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Taking “free markets” from rhetoric to reality For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Médaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Marketargues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. Médaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Médaille enters the economic debate on purely economic terms. Toward a Truly Free Marketshows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.What They're Saying..."It represents the best alternative economic thinking in a long time. Not all of its prescriptions will go unchallenged, but it is a rich contribution to the debate."—The American Conservative"Refreshing as it is groundbreaking. Medaille traces the root causes of our economic crisis and explores the Distributist blueprint needed to regain what civilization has lost: the political economy."—Saint Austin Review

Taking “free markets” from rhetoric to reality For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Médaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Marketargues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. Médaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Médaille enters the economic debate on purely economic terms. Toward a Truly Free Marketshows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.What They're Saying..."It represents the best alternative economic thinking in a long time. Not all of its prescriptions will go unchallenged, but it is a rich contribution to the debate."—The American Conservative"Refreshing as it is groundbreaking. Medaille traces the root causes of our economic crisis and explores the Distributist blueprint needed to regain what civilization has lost: the political economy."—Saint Austin Review

When the first edition of Why Budgets Matter was published in 2003, the federal budget had fallen back into deficit. At the time, fairly modest changes in taxes and spending would have ensured that deficits and debt would remain at tolerable levels. Instead, the disconnect between taxes and spending that had plagued the United States since the 1960s grew even greater. A near-catastrophic economic collapse beginning in December 2007 then magnified the fiscal consequences of irresponsible policy choices. This new edition examines how and why the balanced-budget equilibrium of the 1990s was destabilized in the 2000s. It also places this latest partisan battle over the size of government in historical perspective by exploring its connection to earlier budget policy eras.

In Solving Your Money Problems, Pastor David Crank simplifies the scary and unleashes the new of way of thinking about money. Teaching the nuts and bolts of finances, he outlines easy and accessible ways to budget, eliminate debt, increase saving, and give generously. Are you ready to solve your money problems and live the life God is calling you to?

AMERICA IS BANKRUPT As the federal government crashes through one debt ceiling after another, Americans are facing a grim future of inflation, economic stagnation, and ultimately, national insolvency. Our increasingly desperate situation stems from a broken political system in which Congress brazenly defies its constitutional limits, grabbing more and more power as it recklessly plunges our nation into the abyss. As one of Congress’s leading budget hawks, Senator Mike Lee argues there is only one way to defuse our fiscal time bomb and permanently force fiscal responsibility on Congress: adopt a balanced budget amendment. In this urgent book, Senator Lee explains: How the fight for a balanced budget amendment is part of a larger battle to reign in our out-of-control Congress How balancing the budget will increase the individual liberty of every American How major federal programs can—and must—be eliminated How a balanced budget amendment can be designed without the loopholes spendthrift congressmen will want Why the chances of enacting a balanced budget amendment are better now than ever before History is littered with nations that were destroyed by wasteful spending. As Senator Lee shows in compelling detail, if America is to remain a land of freedom and opportunity, we must act now to eliminate our government’s ruinous, unsustainable debt. With a balanced budget amendment, the fight for fiscal responsibility and limited government can be won—and as Senator Lee warns us, our liberty and prosperity depend on it.

In its 1981 Budget, the Thatcher government discarded Keynesian counter-cyclical policies and cut Britain's public sector deficit in the depths of the worst UK recession since the 1930s. Controversially, the government argued that fiscal contraction would produce economic growth. In this specially commissioned volume, contributors examine recently released archives alongside firsthand accounts from key players within No. 10 Downing Street, HM Treasury and the Bank of England, to provide the first comprehensive treatment of this critical event in British economic history. They assess the empirical and theoretical basis for expansionary fiscal contraction, drawing clear parallels with contemporary debates on austerity in Europe, USA and Japan in the wake of the recent global financial crisis. This timely and thoughtful book will have broad appeal among economists, political scientists, historians and policy makers.

In its 1981 Budget, the Thatcher government discarded Keynesian counter-cyclical policies and cut Britain's public sector deficit in the depths of the worst UK recession since the 1930s. Controversially, the government argued that fiscal contraction would produce economic growth. In this specially commissioned volume, contributors examine recently released archives alongside firsthand accounts from key players within No. 10 Downing Street, HM Treasury and the Bank of England, to provide the first comprehensive treatment of this critical event in British economic history. They assess the empirical and theoretical basis for expansionary fiscal contraction, drawing clear parallels with contemporary debates on austerity in Europe, USA and Japan in the wake of the recent global financial crisis. This timely and thoughtful book will have broad appeal among economists, political scientists, historians and policy makers.

Stop “falling off the wagon” and FINISH paying off your debt. For good.Are you sick of hearing the same personal finance advice but never being able to get ahead?Paying off debt takes more than making a budget and cutting your spending. Years of bad spending habits, not planning for setbacks, and stress that depletes your motivation are just some of the barriers that prevent people from paying off debt. This book will show you how to knock down every barrier and finally achieve debt freedom.You’ll experience a renewed vigor to pay off your debt and feel the financial weight lifted off your shoulders.Amazon best-selling author, Jen Smith, and her husband paid off $78K of debt in 23 months. They experienced every high and low that came with paying off more debt than they made in a year. Since then Jen has listened to hundreds of other debt-free men and women and how their journeys were similar and different from hers to learn what it takes to get out of debt and stay debt-free.If you’ve tried to pay off your debt but can’t stick to the process, or you’re just starting and you want to ensure you pay off your debt fast, then you need this book. So scroll up and BUY NOW.

Eat vegan—for less! Between low-paying jobs, car troubles, student loans, vet bills, and trying to pay down credit card debt, Toni Okamoto spent most of her early adult life living paycheck to paycheck. So when she became a vegan at age 20, she worried: How would she be able to afford that kind of lifestyle change? Then she discovered how to be plant-based on a budget.  Through her popular website, Toni has taught hundreds of thousands of people how to eat a plant-strong diet while saving money in the process. With Plant-Based on a Budget, going vegan is not only an attainable goal, but the best choice for your health, the planet—and your wallet.  Toni’s guidance doesn’t just help you save money—it helps you save time, too. Every recipe in this book can be ready in around 30 minutes or less.  Through her imaginative and incredibly customizable recipes, Toni empowers readers to make their own substitutions based on the ingredients they have on hand, reducing food waste in the process. Inside discover 100 of Toni’s “frugal but delicious” recipes, including: 5-Ingredient Peanut Butter Bites Banana Zucchini Pancakes Sick Day Soup Lentils and Sweet Potato Bowl PB Ramen Stir Fry Tofu Veggie Gravy Bowl Jackfruit Carnita Tacos Depression Era Cupcakes Real Deal Chocolate Chip Cookies With a foreword by Michael Greger, MD, Plant-Based on a Budget gives you everything you need to make plant-based eating easy, accessible, and most of all, affordable. Featured in the groundbreaking documentary What the Health

An examination of an early version of the debate over money, debt, and taxes sheds light on current debates regarding public finance, a balanced budget, and paying off the public debt. Stabile shows that while special interest lobbying during the constitutional convention produced tax loopholes as part of the Constitution, determined leaders were able to get a reluctant population used to paying taxes and were capable of putting together plans of public finance that attained their goals. Such historical evidence challenges the view that political leaders are incapable of passing the unpopular taxes needed to balance the federal government's budget and pay off the public debt.Taking a political economy approach that describes how political leaders took economic ideas and made them work, this book combines intellectual history with economic history. Previous books on public finance history have focused on economic issues regarding taxes. Exploring the intellectual history of the debates over money, debt, and taxes as the three potential forms of public finance, Stabile provides insight into the constitutional debate alive at the end of the 20th century.

Challenges conventional wisdom regarding the state of the federal deficit, and includes modest reform proposals

This book goes against the grain of current conservative thinking to provide a radical democratic critique of deficit policies. Scheuerman and Plotkin trace the process by which the government has abandoned its public functions, foced in part by the exigencies of capitalism both here and abroad.

This February, as the nation faces yet another round of fiscal crises, FRONTLINE investigates the inside history of how Washington has failed to solve the country's problems of debt and deficit. Drawing on interviews with key players in Congress and the White House, FRONTLINE goes behind the scenes to show how a clash of politics and personalities has taken the nation's economy to the edge of the "fiscal cliff," and now to a second round of standoffs over the debt ceiling and sequestration. The

Think outside the borders. Global economics affects every aspect of our lives. Free trade agreements, tariffs, terrorism, trade deficits, international debt, global warming, OPEC, outsourcing, and sweat shops are just some of the forces driving our world, food supply, jobs, and future. The Complete Idiot?s Guide® to Global Economics provides the key to understanding the various facts, figures, policies, and practices that offer insight into this dynamic subject.