Public debt: an Illusion of democratic political economy

By:

Eusepi, Giuseppe

Material type: Text

TextPublication details: Cheltenham Edward Elgar Publishing Limited 2017Description: x, 178 pISBN:

9781786438034

Subject(s):

DDC classification:

321.8 EUS

Summary: Over the past few decades, have witnessed with growing uneasiness their failure to explain the ballooning of public debt in most countries. Using methodological individualism and micro-economics, this book overcomes flaws inherent in the standard macro approach, according to which governments manipulate public debt to promote systemic stability. This unique analysis is grounded in the writings of Antonio de Viti de Marco, injecting current analytical contributions and formulations into the framework to offer a forthright insight into public debt and political economy. Public Debt provides an alternative orientation that explains why concepts of public debt that are relevant for authoritarian regimes are not relevant for democratic regimes. It examines public debt in cooperative and monopolistic democracies as well as the corrupting quality of public debt in democracy. Including topics such as macro guidance within a Machiavellian approach, public debt as systemic lying and as a shell game, economy as an ecology vs. economy as an engine, individual vs. group action and cooperative state as ideal type, this book is a unique and refreshing approach to the material. This comprehensive and cohesive sourcebook will serve as a critical resource for academics interested in public debt and political economy. (https://www.e-elgar.com/shop/gbp/public-debt-9781786438034.html?srsltid=AfmBOor5LHDiyVyUrneakMZiFBysk5D6T5emFLcbTHEbKKUmeHyqlnQX)

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Book	Indian Institute of Management LRC General Stacks	Public Policy & General Management	321.8 EUS (Browse shelf(Opens below))	1	Available		009120

Table of contents:
Contents: 1. Macroeconomics, fiscal policy, and public debt: conflating myth and reality 2. Political economy and the supply of macro guidance 3. Engines, ecologies, and economic systems 4. Budgeting and public debt within a system of cooperative democracy 5. Public debt within systems of monopolistic democracy 6. “Monstrous moral hybrids” and the corrupting quality of public debt Index

[https://www.e-elgar.com/shop/gbp/public-debt-9781786438034.html?srsltid=AfmBOor5LHDiyVyUrneakMZiFBysk5D6T5emFLcbTHEbKKUmeHyqlnQX]

Over the past few decades, have witnessed with growing uneasiness their failure to explain the ballooning of public debt in most countries. Using methodological individualism and micro-economics, this book overcomes flaws inherent in the standard macro approach, according to which governments manipulate public debt to promote systemic stability. This unique analysis is grounded in the writings of Antonio de Viti de Marco, injecting current analytical contributions and formulations into the framework to offer a forthright insight into public debt and political economy.

Public Debt provides an alternative orientation that explains why concepts of public debt that are relevant for authoritarian regimes are not relevant for democratic regimes. It examines public debt in cooperative and monopolistic democracies as well as the corrupting quality of public debt in democracy. Including topics such as macro guidance within a Machiavellian approach, public debt as systemic lying and as a shell game, economy as an ecology vs. economy as an engine, individual vs. group action and cooperative state as ideal type, this book is a unique and refreshing approach to the material.

This comprehensive and cohesive sourcebook will serve as a critical resource for academics interested in public debt and political economy.

(https://www.e-elgar.com/shop/gbp/public-debt-9781786438034.html?srsltid=AfmBOor5LHDiyVyUrneakMZiFBysk5D6T5emFLcbTHEbKKUmeHyqlnQX)

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