Public Debt , New Thinking in Political Economy series

Eusepi, Giuseppe; Wagner, Richard E.

ISBN 10: 1786438038 ISBN 13: 9781786438034

Verlag: Edward Elgar Publishing, 2017

Sprache: Englisch

Zustand: Neu Hardcover

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Bibliografische Details

Titel

Public Debt , New Thinking in Political Economy series

Verlag

Edward Elgar Publishing

Erscheinungsjahr

2017

Sprache

Englisch

ISBN-10

1786438038

ISBN-13

9781786438034

Einband

Hardcover

Zustand

New

Verk�uferkataloge

�ber diesen Titel

Inhaltsangabe

Over the past few decades, economists have witnessed with growing uneasiness their failure to explain the ballooning of public debt in most countries. Using methodological individualism and micro-economics, this book overcomes flaws inherent in the standard macro approach, according to which governments manipulate public debt to promote systemic stability. This unique analysis is grounded in the writings of Antonio de Viti de Marco, injecting current analytical contributions and formulations into the framework to offer a forthright insight into public debt and political economy.

Public Debt provides an alternative orientation that explains why concepts of public debt that are relevant for authoritarian regimes are not relevant for democratic regimes. It examines public debt in cooperative and monopolistic democracies as well as the corrupting quality of public debt in democracy. Including topics such as macro guidance within a Machiavellian approach, public debt as systemic lying and as a shell game, economy as an ecology vs. economy as an engine, individual vs. group action and cooperative state as ideal type, this book is a unique and refreshing approach to the material.

This comprehensive and cohesive sourcebook will serve as a critical resource for academics interested in public debt and political economy.

�ber die Autorin bzw. den Autor

The late Giuseppe Eusepi, formerly Professor of Public Finance, Department of Law and Economics of Productive Activities, Sapienza University of Rome, Italy and Richard E. Wagner, Emeritus Professor of Economics, George Mason University, US

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