The Wages of Debt

In The Wages of Debt, two distinguished economists expose the hidden costs of debt and offer a roadmap for a better future.

The book tells the story of how America’s debt-fueled economy has led to a decline in the quality of life for working families. From corporate downsizing to personal bankruptcies, from stagnant wages to rising inequality, the book shows how debt has become a millstone around the neck of the American economy.

The authors argue that the debt crisis is not just a financial problem, but a social and political problem as well. They show how the concentration of wealth and power in the hands of a few lenders has led to a rigged system that benefits the wealthy at the expense of everyone else.

The book also offers a way out of the debt crisis. The authors call for a new economic paradigm that is based on sustainability, equity, and justice. They argue that we need to reduce our reliance on debt, invest in our people and our infrastructure, and create a more just and equitable economy.

The Wages of Debt is a timely and important book that is essential reading for anyone who wants to understand the challenges facing the American economy today. It is a call to action for a better future.

The book is divided into 10 chapters, each of which explores a different aspect of the debt crisis. The chapters cover topics such as the allure of easy credit, the hidden costs of debt, the impact of debt on individuals and families, the role of lenders in the debt crisis, and the need for debt reform.

The authors draw on a wealth of research and data to support their arguments. They also provide real-life stories of people who have been affected by the debt crisis. The result is a book that is both informative and moving.

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Publisher ‏: ‎ PageBook24.com (January 13, 2025)
Language : ‎ English
Dimensions ‏: ‎ 6 x 9 inches
Pages ‏: ‎ 170 pages

Pasquale De Marco stands as a prolific author whose literary prowess knows no bounds. With a passion for storytelling that transcends genres, he has made a name for himself as a versatile writer with the extraordinary ability to captivate readers across diverse literary landscapes. His journey as an author is marked by an insatiable curiosity, a love for the written word, and a relentless commitment to sharing knowledge and experiences with the world.

Pasquale De Marco collaborates with a dedicated team of ghostreaders who assist him in evaluating and editing the manuscripts. His collaborators are not only skilled professionals but also avid readers who purchase and read books as a personal hobby. This unique blend of creativity allows Pasquale to push the boundaries of traditional publishing, making literature more accessible and diverse.