94. US Government Debt and a Potential Default or Repudiation with Dr. Jeff Hummel

Wednesday, July 20, 2016



Episode Summary

Dr. Jeff Hummel joins Adam Camac to discuss the United States government debt, what it consists of, who holds the debt, the potential for default or repudiation, whether the situation is a crisis, and what should be done about it.

About the Guest

Dr. Hummel is a professor of economics at San Jose State University. He is the author of the book, Emancipating Slaves, Enslaving Free Men: A History of the American Civil War, and of several articles related to US government debt and a potential default, including Why Default on U.S. Treasuries Is Likely, Some Possible Consequences of a U.S. Government Default, and The Inevitability of a U.S. Government Default, which he co-authored with David Henderson.

You can follow his work at his San Jose State faculty page.

Biographical information is from sjsu.edu.

Picture is from independent.org.

Book Mentioned
1. Emancipating Slaves, Enslaving Free Men: A History of the American Civil War by Jeff Hummel

Articles Mentioned
1. Why Default on U.S. Treasuries Is Likely by Jeff Hummel (August 3, 2009)
2. Some Possible Consequences of a U.S. Government Default by Jeff Hummel (January 2012)
3. The Inevitability of a U.S. Government Default by Jeff Hummel and David Henderson (Spring 2014)
4. Repudiating the National Debt by Murray Rothbard (June 1992)

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