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White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You
Price $26.95Hardcover
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Simon Johnson and James Kwak
discuss
White House Burning:
The Founding Fathers, Our National Debt, and Why It Matters to You
This event includes a book signing
DateMay
25
Friday
May 25, 2012 7:00 PM ET |
LocationHarvard Book Store
1256 Massachusetts Ave., Cambridge, MA 02138 |
Tickets
This event is free; no tickets are required.
|
Harvard Book Store is pleased to welcome professors SIMON JOHNSON and JAMES KWAK for a discussion of White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You.
America is mired in debt—more than $30,000 for every man, woman, and child. Bitter fighting over deficits, taxes, and spending bedevils Washington, D.C., even as partisan gridlock has brought the government to the brink of default. Yet the more politicians on both sides of the aisle rant and the citizenry fumes, the more things seem to remain the same. In White House Burning, Simon Johnson and James Kwak—authors of the national best seller 13 Bankers and cofounders of The Baseline Scenario, a widely cited blog on economics and public policy—demystify the national debt, explaining whence it came and, even more important, what it means to you and to future generations.
They tell the story of the Founding Fathers’ divisive struggles over taxes and spending. They chart the rise of the almighty dollar, which makes it easy for the United States to borrow money. They account for the debasement of our political system in the 1980s and 1990s, which produced today’s dysfunctional and impotent Congress. And they show how, if we persist on our current course, the national debt will harm ordinary Americans by reducing the number of jobs, lowering living standards, increasing inequality, and forcing a sudden and drastic reduction in the government services we now take for granted.
Walking from the Harvard Square T station: 2 minutes
As you exit the station, reverse your direction and walk east along Mass. Ave. in front of the Cambridge Savings Bank. Cross Dunster St. and proceed along Mass. Ave for three more blocks. You will pass Au Bon Pain, JP Licks, and TD Bank. Harvard Book Store is located at the corner of Mass. Ave. and Plympton St.
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