Franklin

Do Deficits Matter?.

Author/Creator:
Shaviro, Daniel.
Publication:
Chicago : University of Chicago Press, 1997.
Format/Description:
Book
1 online resource (348 pages)
Status/Location:
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Subjects:
Budget deficits -- United States.
Government spending policy -- United States.
Fiscal policy -- United States.
Form/Genre:
Electronic books.
Summary:
Do deficits matter? Yes and no, says Daniel Shaviro in this political and economic study. Yes, because fiscal policy affects generational distribution, national saving, and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content. This book provides an invaluable guide for anyone wanting to know exactly what is at stake for Americans in this ongoing debate. "[An] excellent, comprehensive, and illuminating book. Its analysis, deftly integrating considerations of economics, law, politics, and philosophy, brings the issues of 'balanced budgets,' national saving, and intergenerational equity out of the area of religious crusades and into an arena of reason. . . . A magnificent, judicious, and balanced treatment. It should be read and studied not just by specialists in fiscal policy but by all those in the economic and political community."-Robert Eisner, Journal of Economic Literature "Shaviro's history, economics, and political analysis are right on the mark. For all readers."-Library Journal.
Contents:
Intro
DO DEFICITS MATTER?
Contents
Acknowledgments
ONE Introduction
TWO Reasons for the Perceived Importance of Budget Deficits
THREE The Debate among Economists from the 1770s through the 1970s
FOUR The Modern Deficit Debate
FIVE Tax Lag and Generational Equity
SIX Macroeconomic Issues Raised by Tax Lag and Budget Deficits
SEVEN Issues of Government Size and Structure
EIGHT Conclusion
Bibliography
Index.
Notes:
Description based on publisher supplied metadata and other sources.
Local notes:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2021. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Other format:
Print version: Shaviro, Daniel Do Deficits Matter?
ISBN:
9780226751153
9780226751122
OCLC:
476228150