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"A timely, broadly revisionist, essential book by one of our foremost economic observers takes down one of the most cherished tenets of contemporary financial thinking: that spending less, refusing to forgive debt, and shrinking government--"austerity"--Is a solution to the current economic crisis. Since the collapse of Lehman Brothers in September 2008, too much of our conversation about economic recovery has centered on the question of debt: whether...
Author
Description
"The book provides an integrated analysis of the fiscal machinery within the executive wing, the audit agency, and the legislature, and partnerships with the private sector. It highlights that efficient and purposeful fiscal management has global and multicultural aspects and is absolutely essential for improving governance in a civic society." "The book is invaluable to researchers and economists specializing in public finance, policy, fiscal management,...
Author
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"This book is the first analysis of American national priorities to link social policy, military policy, tax policy, and national politics in a far-reaching critique of the way the United States expends its national resources. By chronicling the failed priorities of eleven presidencies over a seventy-three year period (1931-2004), Jansson meticulously examines how each administration struggled to prioritize its share of the $56 trillion spent over...
Author
Description
Growing Public examines the question of whether social policies that redistribute income impose constraints on economic growth. Taxes and transfers have been debated for centuries, but only now can we get a clear view of the whole evolution of social spending. What kept prospering nations from using taxes for social programs until the end of the nineteenth century? Why did taxes and spending then grow so much, and what are the prospects for social...
Author
Description
All legally enforceable rights cost money. A practical, commonsense notion? Yes, but one ignored by almost everyone, from libertarian ideologues to Supreme Court justices to human rights advocates. The simple insight that rights are expensive reminds us that freedom is not violated by a government that taxes and spends, but requires it - and requires a citizenry vigilant about how money is allocated. Laying bare the folly of some of our most cherished...
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