About the book
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.
Editions of White House Burning
- Hardcover
- ISBN 9780307906960
- Paperback
- ISBN 9780307947642
- EBook
- ISBN 9780307907127
- AudioStreaming
- ISBN 9780307987433
- AudioStreaming
- ISBN 9780307987440
Read an Excerpt
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.
Frequently Asked Questions
What is White House Burning about?
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.
What core themes, tropes, or subjects are explored in White House Burning?
Economics, Finance, Business and Management > Economics > Economics of specific sectors
Where can I read a sample of White House Burning?
You can read an official preview of the few pages here https://www.book2look.com/book/9780307906960
Who is/are the Author/s of the book White House Burning?
Simon Johnson
What are the ISBN numbers for the physical and digital editions?
White House Burning is available as hardcover(ISBN 9780307906960) and paperback(ISBN 9780307947642) and ebook(ISBN 9780307907127) and audiostreaming(ISBN 9780307987433) and audiostreaming(ISBN 9780307987440)
Where can I buy White House Burning online or support local independent bookshops?
You can buy White House Burning from below
Where can I buy White House Burning?