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Item Details
| Title:
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THE DEMOCRACY IN DEFICIT
THE POLITICAL LEGACY OF LORD KEYNES |
| By: |
James M. Buchanan, Richard E. Wagner |
| Format: |
Hardback |
| List price:
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£19.95 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0865972273 |
| ISBN 13: |
9780865972278 |
| Publisher: |
LIBERTY FUND INC |
| Pub. date: |
1 January, 2000 |
| Pages: |
201 |
| Synopsis: |
Democracy in Deficit opened the door for much of the current work on political business cycles and the incorporation of public-choice considerations into macroeconomic theory. Even in the area of monetarism, Buchanan's landmark work has greatly influenced the sway of contemporary theorists away from the nearly universally held belief of Keynesian theory. Democracy in Deficit contributes greatly to Buchanan's lifelong fiscal and monetary rules to guide long-term policy in macroeconomics. The book serves to bolster Buchanan's central beliefs in the necessity of a balanced-budget amendment to the US Constitution and in monetary rules rather than central bank discretion. |
| Publication: |
US |
| Imprint: |
Liberty Fund Inc |
| Returns: |
Returnable |
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