The Public Debt Problem A Comprehensive Guide

"Like many of the world's social democracies, the United States is hurtling toward a major public-debt crisis. Lemieux clearly and convincingly explains why and then lays out the probable consequences. His book, The Public Debt Problem, contains enough overwhelming evidence and analysis to give all but the most stubborn fiscal-crisis denier second thoughts." - Jeff Hummel, Associate Professor of Economics, San José State University, USA

"Pierre Lemieux's Public Debt Problem is dazzling. With clarity and insight on every page, he tells you why the government has a debt problem, the size of the problem, and the possible solutions. He also makes a strong case for his own solution: cutting the size of government or, failing that, having the U.S. government default on its debts. Read, learn, and prepare." - David R. Henderson, Research Fellow, Hoover Institution and former Senior Economist, President's Council of Economic Advisers

"A powerful warning about the dangers of out-of-control government debt." - Michael D. Tanner, Senior Fellow, Cato Institute, USA