Public Debt as a Form of Public Finance: Overcoming a Category Mistake and Its Vices

ISBN-13: 9781108735896 / Angielski / Miękka / 2019 / 75 str.

Richard E. Wagner

Opis

The language of public debt is an ideological language, not a scientific language that clarifies the practice of public finance.

Spis treści

1. Monarchies, democracies, and indebtedness; 2. Political presuppositions and the theory of public finance; 3. Taxes as prices – a useful but corruptible simile; 4. From public pricing to fiscal policy – the Keynesian detour; 5. Ecologies, not machines – analytical failures of Macro theories; 6. Calculation and coordination within a political economy; 7. Public debt, systemic lying, and the corruption of contract; 8. From liberal to feudal democracy – Henry Maine reversed; 9. Liberalism and Collectivism – an easily toxic mix.