"The most thorough and up-to-date look at the issue. . . It is to be hoped that someone with influence in Washington is paying attention."
Clive Crook in The National Journal
. . . a splendid book that synthesizes all the core issues . . . It is an unusually thorough and thoughtful piece of policy analysis, and it will enjoy wide circulation and will become even more relevant as the problems it predicts emerge.
Kenneth Rogoff, Harvard University, and former chief economist of the International Monetary Fund
. . . an extremely useful resource, not only for people seeking to learn about the US trade deficit and related external borrowing, but also for people who are familiar with these important issues and need an accessible reference.
Kristin Forbes, Massachusetts Institute of Technology, and former member of President George W. Bushs Council of Economic Advisers
. . . a very fine piece of work, clarifying any number of paradoxes and showing the reader how to work through the issues.
Edward M. Gramlich, Richard Musgrave Professor, University of Michigan