Public debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the mechanisms that make public deficits and debt influence the economy are not so easily understood. This book elaborates on the effects of public debt starting from the intertemporal budget constraint of the government. It is shown under which conditions a government can stick to the intertemporal budget constraint and then, demonstrated how public debt affects the growth process and welfare in market economies. The effects are derived for models with complete labor markets as well as taking into account labor market imperfections. The focus in this book is on fiscal policy issues, but it also deals with monetary policy aspects. The theoretical analysis is complemented with empirical time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and economic growth.

This original study concerns itself with the manumission laws of Exodus 20, Deuteronomy 15 and Leviticus 25. It begins with the social background to debt slavery and the socioeconomic factors encouraging the rise of debt slavery in Mesopotamia. After a comparative analysis of the Mesopotamian and biblical material Chirichigno examines the social background to debt slavery in Israel, the various slave laws in the Pentateuch (in order to delimit the chattel-slave laws from the debt-slave laws), and the biblical manumission laws themselves.

The Great American Recession resulted in the loss of eight million jobs between 2007 and 2009. More than four million homes were lost 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 the current economic malaise in Europe, 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.  More aggressive debt forgiveness after the crash helps, but as they illustrate, 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 the modern economy today: 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?

A clear presentation of simple and innovative ways to graduate college debt-free with a Bachelors, Masters, and even a PhD degree.

The Description for this book, Between Debt and the Devil: Money, Credit, and Fixing Global Finance, will be forthcoming.

Divorce Your Debt was written to help the reader identify the key areas and situations in his or her life that represents bondage and debt. As individuals, we find ourselves getting involved in toxic relationships with people, things, bad habits, and our past experiences. After a while, we tend to become unconsciously “married” to these toxic relationships. Divorce Your Debt is a spiritual, emotional, lifestyle, and financial (SELF) toxicology test. It will allow you to examine yourself and the unconscious toxic relationships you have formed in each of the four major areas of SELF. Divorce Your Debt is a guide to wholeness. It’s a declaration of independence and a decree to become free from “every weight that so easily besets us.” It’s a conscious choice to become liberated from the chains, bondage, and traps of the enemy. We all need to divorce or rid ourselves of something in our lives, so we can truly follow God’s will and please the Master. Divorce Your Debt will guide you from debt to deliverance so you can set your SELF free!

The fourth book in the New York Times Bestselling Series. “She healed me. She broke me. I set her free. But we are in this together. We will end this together. The rules of this ancient game can’t be broken.” Nila Weaver no longer recognises herself. She’s left her lover, her courage, and her promise. Two debts down. Too many to go. Jethro Hawk no longer recognises himself. He’s embraced what he always ran from, and now faces punishment far greater than he feared. It’s almost time. It’s demanding to be paid. The Third Debt will be the ultimate test…

Debt is often thought of as a mere economic variable governed by a simplistic mechanical logic, ignoring its other facets. Whose debt, and debt of what exactly? This volume analyzes debt as a political and social construct, with a multiplicity of purposes and agents. All of these are vectors of meanings that are highly diverse, and of subtle distinctions; they show that debt is a transverse phenomenon, cutting across spaces that are not merely economic but also domestic, social and political. Each contributor takes a fresh view of the subject, dealing with debt at a different time, in a different society, on a different scale of observation. By adopting a determinedly interdisciplinary approach, the authors reveal in the phenomenon of debt a diversity of social and gendered determinants that amount in some cases to domination, allegiance or slavery, and in others to solidarity and emancipation. Debt is at one and the same time shared, imposed, political and gendered.

You’re off to college to acquire skills, graduate, get a well-paying job, and live the good life ever after. Not so fast. A mountain of college loans after graduation may weigh you down for decades as you struggle to pay them off.

Don’t let the financing of your education stand in the way of your future dreams. Save money, find little-known sources for money win scholarships you never thought you’d qualify for, pick the right loans and payment plans, and you can avoid devastating debt entirely.

Get smart before you get smart in college with tips and techniques in Screw College Debt. Create your own action plan using the 100-at-a-glance strategies to avoid and pay for college debt—before you get into money trouble. Or learn how to dig out with creative (legal) repayment strategies.

Knowledge is power. Go into the college game with the right winning strategies and plans. Marco LeRoc, founder of Marco LeRoc & Co., and author of Cash In with Your Money, helps you (and your parents) explore every money-saving strategy and answers every question from WHY (Why the heck is college so expensive?) to HOW (How do I avoid college debt entirely?).

Debt as Power is a timely and innovative contribution to our understanding of one of the most prescient issues of our time: the explosion of debt across the global economy and related requirement of political leaders to pursue exponential growth to meet the demands of creditors and investors.

The book is distinctive in offering a historically sensitive and comprehensive analysis of debt as an interconnected and global phenomenon. Rather than focusing on the historical emergence of debt as a moral obligation, the authors argue that debt under capitalism can be conceived of as a technology of power, intimately tied up with the requirement for perpetual growth and the differential capitalization that benefits ‘the 1%’.

Their account begins with the recognition that the histories of human communities and their natural environment are interconnected in complex spatial and hierarchical relations of power and to understand their development we need to not only examine the particularities of a given case, but more importantly their interconnected, interdependent and international relations. Since debt under capitalism is increasingly ubiquitous at all levels of society and economic growth is now the sole mantra of dominant political parties around the world, the authors argue that tracing the evolution and transformation of debt as a technology of power is crucial for understanding the ‘present as history’ and possible alternatives to our current trajectory.