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House of Debt


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About the Author

Atif Mian is the Theodore A. Wells '29 Professor of Economics at Princeton University and director of the Julis-Rabinowitz Center for Public Policy and Finance. Amir Sufi is the Chicago Board of Trade Professor of Finance at the University of Chicago Booth School of Business.


"Distills lessons about the crisis from their recent research into one easily digestible package." (Economist) "The economists Mian and Sufi are our leading experts on the problems created by debt overhang." (Paul Krugman, New York Review of Books) "A concise and powerful account of how the great recession happened and what should be done to avoid another one." (Wall Street Journal) "The most important economics book of the year." (Lawrence Summers, Financial Times) "Mian and Sufi deserve credit of another kind for detalling how ensnared the American Dream is in this tangled web of debt finance-and how exposed the vast majority of us are to the broader economic consequences." (Atlantic)

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