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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many
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A clear, authoritative guide to the crisis of 2008, its continuing repercussions, and the needed reforms ahead. The U.S. economy lost the first decade of the tw
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What is the Green New Deal and how can we afford it? To protect the future of life on earth, we need to do more than just reimagine the economy—we have to cha
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Eichengreen and Lindert bring together original studies that assess the historical record to see what lessons can be learned for resolving today's crisis.
