Public Debt as a Form of Public Finance : Overcoming a Category Mistake and its Vices
Book Details
Format
Paperback / Softback
Book Series
Elements in Austrian Economics
ISBN-10
1108735894
ISBN-13
9781108735896
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
May 30th, 2019
Print length
75 Pages
Weight
122 grams
Dimensions
15.40 x 22.70 x 0.90 cms
Product Classification:
Economic theory & philosophyPublic finance
AI Summary
Ksh 3,250.00
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Democracies can't truly be indebted. The language of public debt is an ideological language, not a scientific language that clarifies the practice of public finance. Economists have gone astray by assuming that a government is just another person whose impulses toward prudent action will restrict recourse to public debt.
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