Public debt an illusion of democratic political economy
Over the past few decades, economists 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 governm...
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Format: | eBook |
Language: | English |
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Cheltenham, UK
Edward Elgar Publishing Limited
c. 2017, 2017
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Series: | New thinking in political economy
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Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
Table of 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