Business & Economics Books:

The Democracy in Deficit

The Political Legacy of Lord Keynes

Format

Paperback

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The Democracy in Deficit by James M Buchanan
$29.99
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Description

Democracy in Deficit opened the door for much of the current work on political business cycles and the incorporation of public-choice considerations into macroeconomic theory. Even in the area of monetarism, Buchanan's landmark work has greatly influenced the sway of contemporary theorists away from the nearly universally held belief of Keynesian theory. Democracy in Deficit contributes greatly to Buchanan's lifelong fiscal and monetary rules to guide long-term policy in macroeconomics. The book serves to bolster Buchanan's central beliefs in the necessity of a balanced-budget amendment to the US Constitution and in monetary rules rather than central bank discretion.

Author Biography

James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and one of the greatest scholars of liberty in the twentieth century.
Release date NZ
January 1st, 2000
Country of Publication
United States
Imprint
Liberty Fund Inc
Pages
201
Dimensions
230x155x15
ISBN-13
9780865972285
Product ID
1834177

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