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American Book Distributors B. M. Anderson, Jr. Bruno Leoni Carl Menger Eugen von Böhm-Bawerk F. A. Hayek Frank H. Knight Hans F. Sennholz Downloadable Products - Hans F. Sennholz Helmut Schoeck Herbert Spencer Herman Gnüchtel John Stuart Mill Ludwig von Mises Mark W. Hendrickson W. H. Hutt Wilhelm Röpke William Graham Sumner William Perry Pendley Downloadable Books Phone/FAX Order Forms Return to Libertarian Press Online
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Debts and Deficits by Hans F. Sennholz 
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Debts and Deficits
Debts and Deficits condemns the forced transfer of personal wealth under the welfare system. A forceful declaration for fiscal responsibility by government with remarkably accurate predictions, should fiscal irresponsibility continue.
* In 1972, when the federal debt was less than $450 billion, he published, and the Congressional Record recorded, his projection of federal deficits and debts. At that time, he predicted a 1993 debt of $4 trillion, and the actual figure was $4.411 trillion! Surely, no government economist could see 20 years into the future so clearly and accurately!
* Well known for his stock market analyses, Dr. Sennholz anticipated early in 1987 the 500-point crash of October 19, 1987.
Paperback (pp. 189)