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Generational Accounting

Knowing Who Pays, and When, for What We Spend

About The Book

In an effort to bring all generations to an understanding of the American economy, Laurence Kotlikoff shares information of the budget deficit of the United States government.

Generational Accounting strives to educate readers on how the economy of the United States American functions, from explaining who pays for the goods and services the nation receives to when it must be paid, and just how much money goes to it.

Kotlikoff analyzes how the government’s budget deficit is the cornerstone of conventional economic policy and argues that it is a number devoid of economic content, often used to lead the American people astray.

“Read it and you’ll be on the cutting edge of future debates on fiscal policy.” – Fortune

About The Author

Photograph by Angela Tucker

Laurence J. Kotlikoff is a professor of economics at Boston University and president of Economic Security Planning, Inc. His company websites are and To learn more, visit

Product Details

  • Publisher: Free Press (October 25, 1993)
  • Length: 288 pages
  • ISBN13: 9780029175859

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