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Product Description: Current debates about economic crises typically focus on the role that public debt and debt-fueled public spending play in economic growth. This illuminating and provocative work shows that it is the rapid expansion of private rather than public debt that constrains growth and sparks economic calamities like the financial crisis of 2008...read more

Hardcover:

9780812247046 | Univ of Pennsylvania Pr, July 15, 2014, cover price $15.95 | About this edition: Current debates about economic crises typically focus on the role that public debt and debt-fueled public spending play in economic growth.

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