The story of personal debt in modern America Before the twentieth century, personal debt resided on the fringes of the American economy, the province of small-t

The United States has once again entered into a period of large external imbalances. This time the current account deficit, at nearly 6 percent of GDP in 2004,

From the colonial era to 1914, America was a debtor nation in international accounts--owing more to foreigners than foreigners owed to us. By 1914 it was the wo

An examination of foreign capital's role in the American Civil War.

In The Reagan Moment, the ideas, events, strategies, trends, and movements that shaped the 1980s are revealed to have had lasting effects on international relat