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Author: MICHAEL. HUDSON Publisher: ISBN: 9783981826029 Category : Languages : en Pages : 336
Book Description
An epic journey through the economies of ancient civilizations, and how they managed debt versus social instability. Shocking historical truths about how debt played a central role in shaping (or destroying) ancient societies (viz: Rome), and that the Bible is preoccupied with debt, not sin, which has been disturbingly inverted in modern times.
Author: MICHAEL. HUDSON Publisher: ISBN: 9783981826029 Category : Languages : en Pages : 336
Book Description
An epic journey through the economies of ancient civilizations, and how they managed debt versus social instability. Shocking historical truths about how debt played a central role in shaping (or destroying) ancient societies (viz: Rome), and that the Bible is preoccupied with debt, not sin, which has been disturbingly inverted in modern times.
Author: Atif Mian Publisher: University of Chicago Press ISBN: 022627750X Category : Business & Economics Languages : en Pages : 238
Book Description
“A concise and powerful account of how the great recession happened and what should be done to avoid another one . . . well-argued and consistently informative.” —Wall Street Journal The Great American Recession of 2007-2009 resulted in the loss of eight million jobs and the loss of four million homes to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the recession—that the total amount of debt for American households doubled between 2000 and 2007 to $14 trillion? Definitely not. Armed with clear and powerful evidence, Atif Mian and Amir Sufi reveal in House of Debt how the Great Recession and Great Depression, as well as less dramatic periods of economic malaise, were caused by a large run-up in household debt followed by a significantly large drop in household spending. Though the banking crisis captured the public’s attention, Mian and Sufi argue strongly with actual data that current policy is too heavily biased toward protecting banks and creditors. Increasing the flow of credit, they show, is disastrously counterproductive when the fundamental problem is too much debt. As their research shows, excessive household debt leads to foreclosures, causing individuals to spend less and save more. Less spending means less demand for goods, followed by declines in production and huge job losses. How do we end such a cycle? With a direct attack on debt, say Mian and Sufi. We can be rid of painful bubble-and-bust episodes only if the financial system moves away from its reliance on inflexible debt contracts. As an example, they propose new mortgage contracts that are built on the principle of risk-sharing, a concept that would have prevented the housing bubble from emerging in the first place. Thoroughly grounded in compelling economic evidence, House of Debt offers convincing answers to some of the most important questions facing today’s economy: Why do severe recessions happen? Could we have prevented the Great Recession and its consequences? And what actions are needed to prevent such crises going forward?
Author: Jake Halpern Publisher: Macmillan + ORM ISBN: 0374711240 Category : True Crime Languages : en Pages : 193
Book Description
The Federal Trade Commission receives more complaints about rogue debt collecting than about any activity besides identity theft. Dramatically and entertainingly, Bad Paper reveals why. It tells the story of Aaron Siegel, a former banking executive, and Brandon Wilson, a former armed robber, who become partners and go in quest of "paper"—the uncollected debts that are sold off by banks for pennies on the dollar. As Aaron and Brandon learn, the world of consumer debt collection is an unregulated shadowland where operators often make unwarranted threats and even collect debts that are not theirs. Introducing an unforgettable cast of strivers and rogues, Jake Halpern chronicles their lives as they manage high-pressure call centers, hunt for paper in Las Vegas casinos, and meet in parked cars to sell the social security numbers and account information of unsuspecting consumers. He also tracks a "package" of debt that is stolen by unscrupulous collectors, leading to a dramatic showdown with guns in a Buffalo corner store. Along the way, he reveals the human cost of a system that compounds the troubles of hardworking Americans and permits banks to ignore their former customers. The result is a vital exposé that is also a bravura feat of storytelling.
Author: Karen Hall Publisher: Simon and Schuster ISBN: 150110411X Category : Fiction Languages : en Pages : 416
Book Description
"When Randa, a reporter for an alternative newspaper in Los Angeles, receives an urgent phone call from her estranged lover, Cam, she rushes to his apartment. She arrives to discover that he's leapt from the building to his death. Police believe that before committing suicide, Cam also murdered someone in a convenience store, but Randa does not believe Cam is capable of such an act. She seeks out Cam's brother, Jack, who is living off the grid, somewhere near Atlanta, in hope of figuring out what really happened. Meanwhile, a Jesuit priest named Michael Kinney has been exiled from New York City to the boondocks of Georgia after making controversial public statements. He has said things that educated people of faith are not supposed to express. Even more problematically, he has fallen in love with a woman, and the last surviving member of his family has kept a shocking family secret"--
Author: Andrew L. Yarrow Publisher: Yale University Press ISBN: 0300145330 Category : Business & Economics Languages : en Pages : 185
Book Description
In this immensely timely book, Andrew Yarrow brings the sometimes eye-glazing discussion of national debt down to earth, explaining in accessible terms why federal debt is rising (and will soon rise much faster), what effects it may have on Americans if debt is not brought under control, why our government borrows, and what it will take to pay it all back. The picture Yarrow paints should concern all Americans. Specifically, he brings to light how rising Medicare, Social Security, and other spending on one hand, and insufficient government revenues on the other, make a mockery of fiscal responsibility. Deficits and debt, Yarrow asserts, are crowding out spending on needed investments in science, environment, infrastructure, and other domestic discretionary programs and could severely harm our nations and our citizens future. But he makes clear that this does not have to be a doomsday scenario. If we act in a bipartisan fashion to restore fiscal health, our legacy to the next generation can be much more than trillions of dollars of IOUs.
Author: John Ortberg Publisher: Zondervan ISBN: 0310565774 Category : Religion Languages : en Pages : 257
Book Description
Normal? Who's normal? Not you, that's for sure! No one you've ever met, either. None of us are normal according to God's definition, and the closer we get to each other, the plainer that becomes. Yet for all our quirks, sins, and jagged edges, we need each other. Community is more than just a word--it is one of our most fundamental requirements. So how do flawed, abnormal people such as ourselves master the forces that can drive us apart and come together in the life-changing relationships God designed us for? In Everybody's Normal Till You Get to Know Them, teacher and bestselling author John Ortberg zooms in on the things that make community tick. You'll get a thought-provoking look at God's heart, at others, and at yourself. Even better, you'll gain wisdom and tools for drawing closer to others in powerful, impactful ways. With humor, insight, and a gift for storytelling, Ortberg shows how community pays tremendous dividends in happiness, health, support, and growth. It's where all of us weird, unwieldy people encounter God's love in tangible ways and discover the transforming power of being loved, accepted, and valued just the way we are.
Author: MICHAEL. HUDSON
Author: MICHAEL. HUDSON
Author: Outlet
Author: Atif Mian
Author: Jake Halpern
Author: Anthony Giardina
Author: Karen Hall
Author: Daniel Kolenda
Author: Anthony Giardina
Author: Andrew L. Yarrow
Author: John Ortberg