"America's Fiscal Constitution: Its Triumph And Collapse" By Bill White
With insights gained from original scholarship and an unusual breadth of experience in finance and government, Bill White distils practical lessons from the nation's five previous spikes in debt. America's Fiscal Constitution is an entertaining and objective guide for people trying to make sense of the current and most dangerous debt crisis.
Bill White is currently chairman of Houston Banking and senior advisor for Lazard, a firm advising corporate executives, boards, and governments throughout the world. He served as mayor of Houston from 2003 to 2009 and deputy secretary of energy during the Clinton administration. As mayor of Houston, White received the prestigious John F. Kennedy Profiles in Courage Award for his leadership of relief efforts following Hurricane Katrina and Governing magazine's Governing Official of the Year award in 2007. He has been a successful CEO, has served on the boards of numerous corporations, and has practiced and taught law.