Your search for: "budget deficit" OR "deficit spending"

This volume takes a noneconomic approach to the issue of the federal deficit. By identifying the behavioral dynamics common to all people, Brembeck demonstrates how human interests perpetuate the deficit and proposes that solutions to the worsening crisis can be explored by shifting the primary ...

This volume takes a noneconomic approach to the issue of the federal deficit. By identifying the behavioral dynamics common to all people, Brembeck demonstrates how human interests perpetuate the deficit and proposes that solutions to the worsening crisis can be explored by shifting the primary focus away from money, budgets, and expenditures and toward people, power, and politics. The essays discuss different aspects of this human factor in the federal debt and aim at redefining the central issue of the debt debate based on the premise, so convincingly developed, that the debt is a human, not a fiscal, problem.

Do deficits matter? Yes and no, says Daniel Shaviro in this political and economic study. Yes, because fiscal policy affects generational distribution, national saving, and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content. This book ...

Do deficits matter? Yes and no, says Daniel Shaviro in this political and economic study. Yes, because fiscal policy affects generational distribution, national saving, and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content. This book provides an invaluable guide for anyone wanting to know exactly what is at stake for Americans in this ongoing debate. "[An] excellent, comprehensive, and illuminating book. Its analysis, deftly integrating considerations of economics, law, politics, and philosophy, brings the issues of 'balanced budgets,' national saving, and intergenerational equity out of the area of religious crusades and into an arena of reason. . . . A magnificent, judicious, and balanced treatment. It should be read and studied not just by specialists in fiscal policy but by all those in the economic and political community."--Robert Eisner, Journal of Economic Literature "Shaviro's history, economics, and political analysis are right on the mark. For all readers."--Library Journal

The economic performance of many countries has deteriorated significantly during the last decade. The 1990s witnessed a global recession, the Mexican currency crisis and later, the Asian and Russian crises. The objective of full employment and price stability appears to be an illusory goal for many ...

The economic performance of many countries has deteriorated significantly during the last decade. The 1990s witnessed a global recession, the Mexican currency crisis and later, the Asian and Russian crises. The objective of full employment and price stability appears to be an illusory goal for many of the economies of the emerging global market system. This book offers new policy prescriptions from the post Keynesian perspective to achieve full employment without inflation. Paul Davidson and Jan Kregel - both world renowned economists - have selected papers that rigorously examine real world issues including: ª the challenge of attaining external balance with internal growth and employment ª speculation and volatile financial markets in the quest to achieve full employment without inflation ª the role of money in combating unemployment ª the role of institutions in stabilizing economies ª the advantages and disadvantages of the Euro and its implications in the world economy ª Keynes's plan to reform the international payments system in the post war era The book will be welcomed by economists, especially those interested in international economics, by politicians, policymakers and by all those concerned with global employment and inflation issues.