Public debt as a form of public finance: overcoming a category mistake and its vices
Auteur :
Wagner, Richard E.
Éditeur :
Cambridge University Press
ISBN :
9781108735896
Date de publication :
30 mai 2019
Dimensions :
15,2 x 22,9 x 0,5 cm
Poids :
300 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Democracies can't truly be indebted. The language of public debt is an ideological language, not a scientific language that clarifies the practice of public finance. Economists have gone astray by assuming that a government is just another person whose impulses toward prudent action will restrict recourse to public debt.