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White House Burning by Simon Johnson

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Synopsis

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... more

About Simon Johnson

Simon Johnson is Ronald A. Kurtz Professor of Entrepreneurship at MIT's Sloan School of Management and a senior fellow at the Peterson Institute for... more


Published: April 3, 2012 by Random House

Genre: Business & Economics. Non-fiction. 368 pages

Critic Reviews for White House Burning

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  • All Critics: 13
  • Positive: 9
  • Negative: 4
  • USA Today | 25 Mar 2012

    Johnson and Kwak thankfully dispel the widespread notion that a national debt totaling trillions of dollars means the government is too big.

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    White House Burning
  • The Wall Street Journal | 30 Mar 2012

    Myself, I take umbrage at their interpretation of the American past.

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    White House Burning
  • Kirkus Reviews | 1 Apr 2012

    The authors are especially strong in their demonstration of the fallacy of likening government debt to the debt of an individual family.

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    White House Burning
  • New Economist | 21 Apr 2012

    White House Burning misdirects our attention to public debts and continues to promote an antiquated conception of how money and government work.

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    White House Burning
  • Graham Broke the Mold | 20 Apr 2012

    There are many terrific things in the book "White House Burning" and I can honestly say reading it was a labor of love.

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    White House Burning
  • San Francisco Chronicle | 1 May 2012

    White House Burning is a thorough, scholarly account of how the country got into this predicament and how it can dig its way out.

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    White House Burning
  • Bloomberg | 16 Apr 2012

    . . .readers will agree that government should stop heaping debt upon debt. They may be less enthusiastic when Johnson and Kwak propose to increase Medicare premiums, introduce a value-added tax and phase out the mortgage-interest deduction.

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    White House Burning
  • Financial Times | 14 Apr 2012

    So is there any solution? To their credit, Johnson and Kwak attempt to offer one. . .

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    White House Burning
  • Econbrowser | 26 Mar 2012

    White House Burning is an excellent explication of how sheer ignorance of history (not to mention economics) can lead to policy prescriptions sure to lead to disaster.

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    White House Burning
  • Las Vegas Review Journal | 29 Apr 2012

    But incurring debt is easier than reducing the debt. And here, authors Johnson and Kwak nail the big issue of the day.

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    White House Burning
  • The Somerville News | 27 Apr 2012

    . . .so sensible, thoroughly researched and non ideological that its ideas are worth sharing.

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    White House Burning
  • Frogen Yozurt | 5 Apr 2012

    Carefully researched. . .White House Burning is an invaluable guide to the central political and economic issue of our time.

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    White House Burning
  • Huffington Post | 26 Mar 2012

    Perhaps more importantly, their chain of causation can lead to false conclusions.

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    White House Burning

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