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Author: Thomas Harding Publisher: Weidenfeld & Nicolson ISBN: 1474621074 Category : History Languages : en Pages : 303
Book Description
When Thomas Harding discovered that his family had profited from slavery, he set out to interrogate the choices of his ancestors and Britain's role in this terrible history. His investigation took him to Demerara (now Guyana), the site of an uprising by enslaved people in 1823, the largest in the British Empire and a key trigger in the abolition of slavery. Charting the dramatic build-up to this landmark event through the eyes of four people - an enslaved man, a missionary, a colonist, and a slaveholder - Harding lays bare the true impact of years of unimaginable cruelty and incredible courage and asks how those who benefitted from slavery can take responsibility for the White Debt.
Author: Thomas Harding Publisher: Weidenfeld & Nicolson ISBN: 1474621074 Category : History Languages : en Pages : 303
Book Description
When Thomas Harding discovered that his family had profited from slavery, he set out to interrogate the choices of his ancestors and Britain's role in this terrible history. His investigation took him to Demerara (now Guyana), the site of an uprising by enslaved people in 1823, the largest in the British Empire and a key trigger in the abolition of slavery. Charting the dramatic build-up to this landmark event through the eyes of four people - an enslaved man, a missionary, a colonist, and a slaveholder - Harding lays bare the true impact of years of unimaginable cruelty and incredible courage and asks how those who benefitted from slavery can take responsibility for the White Debt.
Author: Simon Johnson Publisher: Vintage ISBN: 0307947645 Category : Business & Economics Languages : en Pages : 386
Book Description
From the authors of the national bestseller 13 Bankers, a chilling account of America’s unprecedented debt crisis: how it came to pass, why it threatens to topple the nation as a superpower, and what needs to be done about it. With bracing clarity, White House Burning explains why the national debt matters to your everyday life. Simon Johnson and James Kwak describe how the government has been able to pay off its debt in the past, even after the massive deficits incurred as a result of World War II, and analyze why this is near-impossible today. They closely examine, among other factors, macroeconomic shifts of the 1970s, Reaganism and the rise of conservatism, and demographic changes that led to the growth of major—and extremely popular—social insurance programs. What is unquestionably clear is how recent financial turmoil exacerbated the debt crisis while creating a political climate in which it is even more difficult to solve.
Author: Eula Biss Publisher: Penguin ISBN: 0525537473 Category : Social Science Languages : en Pages : 336
Book Description
A NEW YORK TIMES EDITORS’ CHOICE NAMED A BEST BOOK OF THE YEAR BY TIME , NPR, INSTYLE, AND GOOD HOUSEKEEPING “A sensational new book [that] tries to figure out whether it’s possible to live an ethical life in a capitalist society. . . . The results are enthralling.” —Associated Press A timely and arresting new look at affluence by the New York Times bestselling author, “one of the leading lights of the modern American essay.” —Financial Times “My adult life can be divided into two distinct parts,” Eula Biss writes, “the time before I owned a washing machine and the time after.” Having just purchased her first home, the poet and essayist now embarks on a provocative exploration of the value system she has bought into. Through a series of engaging exchanges—in libraries and laundromats, over barstools and backyard fences—she examines our assumptions about class and property and the ways we internalize the demands of capitalism. Described by the New York Times as a writer who “advances from all sides, like a chess player,” Biss offers an uncommonly immersive and deeply revealing new portrait of work and luxury, of accumulation and consumption, of the value of time and how we spend it. Ranging from IKEA to Beyoncé to Pokemon, Biss asks, of both herself and her class, “In what have we invested?”
Author: Carolyn J. White Publisher: Clifton House Publishing LLC ISBN: 9780966165159 Category : Business & Economics Languages : en Pages : 194
Book Description
BUS After having experienced debt and the loss of assets, White, chief financial officer of an undisclosed $30-million-a-year corporation, turned her situation around and now knows the joy of being debt-free. She provides readers with a regimen for accomplishing the same feat (with the cautionary note that the ideas are hers and that legal, financial, and other professional advice is not intended). By taking responsibility for managing and spending money wisely, learning how to see through the hype of credit card offers, creating and interpreting personal financial statements, setting financial goals, eliminating unnecessary spending, and paying close attention to automobile purchasing, insurance (life, health, home and auto) needs, and taxes, she explains, readers could eliminate debt during a five- to ten year period. Helpful and simple forms and instructions are included along with a useful bibliography and a current list of Consumer Credit Counseling Services. Recommended for all public libraries.
Author: Barry Eichengreen Publisher: Oxford University Press ISBN: 0197577911 Category : Business & Economics Languages : en Pages : 321
Book Description
A dive into the origins, management, and uses and misuses of sovereign debt through the ages. Public debts have exploded to levels unprecedented in modern history as governments responded to the Covid-19 pandemic and ensuing economic crisis. Their dramatic rise has prompted apocalyptic warnings about the dangers of heavy debtsabout the drag they will place on economic growth and the burden they represent for future generations. In Defense of Public Debt offers a sharp rejoinder to this view, marshaling the entire history of state-issued public debt to demonstrate its usefulness. Authors Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener argue that the ability of governments to issue debt has played a critical role in addressing emergenciesfrom wars and pandemics to economic and financial crises, as well as in funding essential public goods and services such as transportation, education, and healthcare. In these ways, the capacity to issue debt has been integral to state building and state survival. Transactions in public debt securities have also contributed to the development of private financial markets and, through this channel, to modern economic growth. None of this is to deny that debt problems, debt crises, and debt defaults occur. But these dramatic events, which attract much attention, are not the entire story. In Defense of Public Debt redresses the balance. The authors develop their arguments historically, recounting two millennia of public debt experience. They deploy a comprehensive database to identify the factors behind rising public debts and the circumstances under which high debts are successfully stabilized and brought down. Finally, they bring the story up to date, describing the role of public debt in managing the Covid-19 pandemic and recession, suggesting a way forward once governmentsnow more heavily indebted than beforefinally emerge from the crisis.
Author: Moritz Schularick Publisher: University of Chicago Press ISBN: 022681694X Category : Business & Economics Languages : en Pages : 318
Book Description
An authoritative guide to the new economics of our crisis-filled century. Published in collaboration with the Institute for New Economic Thinking. The 2008 financial crisis was a seismic event that laid bare how financial institutions’ instabilities can have devastating effects on societies and economies. COVID-19 brought similar financial devastation at the beginning of 2020 and once more massive interventions by central banks were needed to heed off the collapse of the financial system. All of which begs the question: why is our financial system so fragile and vulnerable that it needs government support so often? For a generation of economists who have risen to prominence since 2008, these events have defined not only how they view financial instability, but financial markets more broadly. Leveraged brings together these voices to take stock of what we have learned about the costs and causes of financial fragility and to offer a new canonical framework for understanding it. Their message: the origins of financial instability in modern economies run deeper than the technical debates around banking regulation, countercyclical capital buffers, or living wills for financial institutions. Leveraged offers a fundamentally new picture of how financial institutions and societies coexist, for better or worse. The essays here mark a new starting point for research in financial economics. As we muddle through the effects of a second financial crisis in this young century, Leveraged provides a road map and a research agenda for the future.
Author: Thomas J. Anderson Publisher: John Wiley & Sons ISBN: 1119019982 Category : Business & Economics Languages : en Pages : 72
Book Description
Increase the odds you won't run out of money in retirement – using debt! Conventional wisdom is wrong – being debt free in retirement may actually increase your risk. The Value of Debt in Retirement teaches you how incorporating debt into your retirement strategy may increase your return, lower your taxes and actually lower your risk. You read that right. If handled correctly, debt—that thing we've all been taught to avoid—can play an integral role in your life, especially in retirement. New York Times Best Selling Author and nationally acclaimed financial expert Tom Anderson shows you how to use the time tested strategies of the best companies and the ultra rich to retire comfortably, minimize taxes, buy the things you have always wanted to have and do the things you have always wanted to do. Thought provoking and against the grain, Anderson explains why your risk tolerance doesn't matter, why being debt free may actually increase your risk and why rushing to pay off your mortgage may be a financial disaster. Full of shocking revelations and tricks high- net-worth individuals have used for years, The Value of Debt in Retirement opens the world to a new approach to wealth management in retirement, one that factors in both sides of the balance sheet as an integrated ecosystem. Real-world case studies illustrate how informed debt strategies can lead to a happier, healthier retirement. See how an individual with a net worth of more than $5 million can spend $20,000 per month - after taxes - and pay less than $5,000 per year in taxes, how it is possible to increase your rate of return by 50%, and how a lower risk portfolio with debt could increase the chances you do not run out of money. Specifically written to Baby Boomers, practical guides and checklists show how to use debt strategies to fund primary and secondary properties, refinance credit card debt, and finance hobbies, such as cars and boats and recreational vehicles. Additional guides show how you can help your children, help your parents and leave a bigger legacy for your heirs and favorite charities. Regardless of your net worth, The Value of Debt in Retirement provides tools to use to apply these concepts to your personal situation. There is no free lunch: the book delivers a balanced perspective focusing on the potential risks and benefits of the strategies discussed. A discussion on economic history highlights some of the shocks the economy may face and provides important warnings that you should factor into your retirement plan. Anderson not only shows that your life expectancy may be longer than you think, but also illustrates that many investors may be on track to average returns well under 4% for the next ten years – a potentially devastating combination. Irrespective of your beliefs about debt, The Value of Debt in Retirement proves risk is more important than return for retirees and provides suggestions on ways to minimize that risk. Not all debt is good and high levels of debt are bad. The Value of Debt in Retirement is about choosing the right debt, in the right amounts, at the right time. Perhaps most importantly, this book isn't for everybody. This book requires responsible actions. If you can't handle the responsibility associated with the ideas then this book then it isn't for you. If you need a rate of return under 3% from your investments then you may not need this book. But if you can handle the responsibility and if you need a return above 3%, this book may offer insights into the best (and potentially only) way to achieve your goals.
Author: Thomas Harding Publisher: Weidenfeld & Nicolson ISBN: 1474621074 Category : History Languages : en Pages : 303
Book Description
When Thomas Harding discovered that his family had profited from slavery, he set out to interrogate the choices of his ancestors and Britain's role in this terrible history. His investigation took him to Demerara (now Guyana), the site of an uprising by enslaved people in 1823, the largest in the British Empire and a key trigger in the abolition of slavery. Charting the dramatic build-up to this landmark event through the eyes of four people - an enslaved man, a missionary, a colonist, and a slaveholder - Harding lays bare the true impact of years of unimaginable cruelty and incredible courage and asks how those who benefitted from slavery can take responsibility for the White Debt.
Author: Randall Robinson Publisher: Penguin ISBN: 110119149X Category : Social Science Languages : en Pages : 272
Book Description
Both an unflinching indictment of past wrongs and an impassioned call to America to educate its citizens about the history of Africa and its people, The Debt says in no uncertain terms what white America owes blacks—and what blacks owe themselves. In this powerful and controversial book, distinguished African-American political leader and thinker Randall Robinson argues for the restoration of the rich history that slavery and segregation severed. Drawing from research and personal experience, he shows that only by reclaiming their lost past and proud heritage can blacks lay the foundation for their future. And white Americans can begin making reparations for slavery and the century of racial discrimination that followed with monetary restitution, educational programs, and the kinds of equal opportunities that will ensure the social and economic success of all citizens. “Engaging...Robinson continues an important conversation...His anecdotes support his attempts to reclaim African American heritage and empower African Americans.”—The Washington Post
Author: David Silkenat Publisher: UNC Press Books ISBN: 0807877956 Category : History Languages : en Pages : 296
Book Description
During the Civil War era, black and white North Carolinians were forced to fundamentally reinterpret the morality of suicide, divorce, and debt as these experiences became pressing issues throughout the region and nation. In Moments of Despair, David Silkenat explores these shifting sentiments. Antebellum white North Carolinians stigmatized suicide, divorce, and debt, but the Civil War undermined these entrenched attitudes, forcing a reinterpretation of these issues in a new social, cultural, and economic context in which they were increasingly untethered from social expectations. Black North Carolinians, for their part, used emancipation to lay the groundwork for new bonds of community and their own interpretation of social frameworks. Silkenat argues that North Carolinians' attitudes differed from those of people outside the South in two respects. First, attitudes toward these cultural practices changed more abruptly and rapidly in the South than in the rest of America, and second, the practices were interpreted through a prism of race. Drawing upon a robust and diverse body of sources, including insane asylum records, divorce petitions, bankruptcy filings, diaries, and personal correspondence, this innovative study describes a society turned upside down as a consequence of a devastating war.
Author: Thomas Harding
Author: Thomas Harding
Author: Simon Johnson
Author: Eula Biss
Author: Carolyn J. White
Author: Barry Eichengreen
Author: Moritz Schularick
Author: Thomas J. Anderson
Author: Randall Robinson
Author: David Silkenat