[Modern] Videos

Mackenzie Boru earned the nickname Reaper from his colleagues in black ops due to his violent tactics and insane bravery. But when the US government no longer has need of his services, he retires the Reaper—or so he thinks.

Mac is now in the middle of his fallback plan. He’s gotten a PhD in history and has moved to Las Vegas for the climate and the female companionship. But then he finds a bit more than he bargained for.

Her name is Danni Greenbow, and she’s drop-dead gorgeous. She is a brilliant and outspoken software engineer. She also happens to be a transgender woman. Mac has had little experience with the types of challenges she has faced in her life, but he decides he wants to be there for every new one that arises.

Then, the unthinkable happens. Danni is kidnapped by los Toros del Diablo, a motorcycle gang that operates gunrunning and narcotics enterprises all over the Southwest. To find his girlfriend, Mac will have to become the Reaper once again, but will his killer instincts and commando skills be enough to bring Danni back alive?

Who are the dominant owners of U.S. public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we have not had any satisfactory answers to these questions. Public Debt, Inequality, and Power is the first comprehensive historical analysis of public debt ownership in the United States. It reveals that ownership of federal bonds has been increasingly concentrated in the hands of the 1 percent over the last three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten.
 
At publication date, a free ebook version of this title will be available through Luminos, University of California Press’s open access publishing program for monographs. Visit www.luminosoa.org to learn more.

A lucid and original account of where money comes from and why most people and businesses are so heavily in debt. It explodes more myths than any other book this century, yet it’s all about subjects very close to home: mortgages, building societies and banks, agriculture, transport, global poverty, and what’s on the supermarket shelf. The author proposes a new mechanism for the supply of money, creating a supportive financial environment and a decreasing reliance on debt.

Product Features

  • Used Book in Good Condition

Conventional wisdom holds that all nations must repay debt. Regardless of the legitimacy of the regime that signs the contract, a country that fails to honor its loan obligations damages its reputation, inviting still greater problems down the road. Yet difficult dilemmas arise from this assumption. Should today’s South Africa be responsible for apartheid-era debt? Is it reasonable to tether postwar Iraq with Saddam Hussein’s excesses?

Rethinking Sovereign Debt is a probing historical analysis of how sovereign debt continuity–the rule that nations should repay loans even after a major regime change, or expect reputational consequences–became the consensus approach. Odette Lienau contends that the practice is not essential for functioning international capital markets, and demonstrates how it relies on ideas of absolutist government that have come under fire over the last century. Challenging previous accounts, Lienau incorporates a wealth of original research to argue that Soviet Russia’s repudiation of Tsarist debt and Great Britain’s 1923 arbitration with Costa Rica hint at the feasibility of selective debt cancellation. She traces the notion of debt continuity from the post-World War I era to the present, emphasizing the role of government officials, the World Bank, and private-market actors in shaping our existing framework.

Lienau calls on scholars and policymakers to recognize political choice and historical precedent in sovereign debt and reputation, in order to move beyond an impasse when a government is overthrown.