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020 _a9781786438034
082 _a321.8
_bEUS
100 _aEusepi, Giuseppe
_925654
245 _aPublic debt:
_ban Illusion of democratic political economy
260 _aCheltenham
_bEdward Elgar Publishing Limited
_c2017
300 _ax, 178 p.
365 _aEURO
_b95.00
500 _aTable 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]
520 _aOver 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)
650 _aMicro---Economics
_925655
650 _aEconomists
_92703
650 _aEconomists--Policy maker
_925656
942 _cBK
_2ddc
999 _c10151
_d10151