Recommendations from our site
“U.S. State debt is not guaranteed by the federal government. It is sovereign debt. And in the 1800s several States defaulted.” Read more...
The best books on Sovereign Default and Debt Restructuring
Gregory Makoff, Economist
Our most recommended books
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A Monetary History of the United States, 1867-1960
by Anna Schwartz & Milton Friedman -
The Passions and the Interests
by Albert Hirschman -
The Great Divergence: China, Europe, and the Making of the Modern World Economy
by Kenneth Pomeranz -
How the World Became Rich: The Historical Origins of Economic Growth
by Jared Rubin & Mark Koyama -
Macroeconomic Effects from Government Purchases and Taxes
by Robert Barro -
Identifying Government Spending Shocks
by Valerie Ramey
