Debt and Deficits: An Historical Perspective
Edward Elgar, Jan 1, 1998 - Business & Economics - 140 pages
This major historical investigation analyses the causes and consequences of debt and deficits from the late 17th century to the 1990s. the internationally acclaimed group of authors examines the ideas and events that have changed economists, politicians and policy makers' views on public debt and deficits over the last 250 years.
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Gladstone and sound Victorian finance
Reflections on Ricardian equivalence
Keynes Buchanan and the balancedbudget doctrine
2 other sections not shown
accounts Aerie fairy analysis April assumptions balanced budget balanced-budget Bank Barro borrowing Britain British Economy Buchanan budget deficit budget speech budgetary Cambridge century Chancellor chapter Congdon consolidated fund consumption countercyclical countries cyclically adjusted David Ricardo debt interest default deficit financing doctrine economists effect Essays estimates Exchequer fiscal policy Gladstone Gladstone's government bonds government's growth rates History Hume Ibid income tax increase inflation investment John Maloney Journal of Political Keynes Keynes's Keynesian revolution labour Lawson less loan London macroeconomic macroeconomic policy Malthus Management ment million Monetarism monetary policy Napoleonic Wars national debt national income Nigel Lawson nomic output gap Oxford paper payments period Political Economy position postwar PSBR PSFD public debt public expenditure public finances public sector public spending real interest rates reduce revenue Ricardian equivalence Ricardo Robert Barro Second World sinking fund Smith statistical surplus Table taxation theory tion Treasury Wealth