
ISBN
| 9781108735896 |
DDC
| 336.34 |
Tác giả CN
| Wagner, Richard E. |
Nhan đề
| Public debt as a form of public finance : overcoming a category mistake and its vices / Richard E Wagner |
Nhan đề khác
| Overcoming a category mistake and its vices |
Thông tin xuất bản
| Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2019 |
Mô tả vật lý
| 75 pages. : illustrations ; 23 cm. |
Tùng thư
| Cambridge elements., Elements in Austrian economics. |
Phụ chú
| Cambridge elements. |
Tóm tắt
| Economists commit a category mistake when they treat democratic governments as indebted. Monarchs can be indebted, as can individuals. In contrast, democracies can't truly be indebted. They are financial intermediaries that form a bridge between what are often willing borrowers and forced lenders. The language of public debt is an ideological language that promotes politically expressed desires and is 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 and induce rational political action. |
Từ khóa tự do
| Finance, Public. |
Từ khóa tự do
| Debts, Public. |
Khoa
| Khoa Tài chính - Kế toán |
Địa chỉ
| 300Q12_Kho Mượn_02(1): 084433 |
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245 | |aPublic debt as a form of public finance : |bovercoming a category mistake and its vices / |cRichard E Wagner |
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246 | |aOvercoming a category mistake and its vices |
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260 | |aCambridge, United Kingdom ; New York, NY : |bCambridge University Press, |c2019 |
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300 | |a75 pages. : |billustrations ; |c23 cm. |
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490 | |aCambridge elements., Elements in Austrian economics. |
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500 | |aCambridge elements. |
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520 | |aEconomists commit a category mistake when they treat democratic governments as indebted. Monarchs can be indebted, as can individuals. In contrast, democracies can't truly be indebted. They are financial intermediaries that form a bridge between what are often willing borrowers and forced lenders. The language of public debt is an ideological language that promotes politically expressed desires and is 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 and induce rational political action. |
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541 | |aMua |
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653 | |aFinance, Public. |
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653 | |aDebts, Public. |
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690 | |aKhoa Tài chính - Kế toán |
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691 | |aTài chính ngân hàng |
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691 | |aTài Chính Ngân Hàng - ThS |
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084433
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336.34 W1321
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