How have the most influential political economists of the past three centuries theorized about sovereign borrowing and shaped its now widespread use? That impor

Over the past decades, economists have witnessed with growing uneasiness their failure to explain the ballooning of public debt in most countries. This book pro

A study of major trends in public finance and fiscal justice in developed capitalist countries since the 1970s.

Introduction : public debt, inequality and power -- The spectacle of a highly centralized public debt -- The bondholding class resurgent -- Fiscal conflict : pa

How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled