History of Debt

PBS NewsHour

noy, 2012 · NewsHour Productions · PBS NewsHour tomonidan hikoya qilingan

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Between paying now or paying later, Americans have just about always preferred debt to taxes. Paul Solman talks to Simon Johnson of the MIT Sloan School of Management about his new book White House Burning, which chronicles the history -- including the whys and whererfores, virtues and vices -- of U.S. debt.

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