{"product_id":"deficits-debt-and-democracy-9780857934598","title":"Deficits Debt and Democracy","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eEconomists interested in public finance, public policy and political economy along with scholars of political science, public administration, law and political philosophy will find this book intriguing.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eDeficits, Debt, and Democracy\u003ci\u003e is an important book which should hopefully shakeup public finance. Wagner's focus on the entanglement of politics and markets and on budgetary outcomes as the products of competition and spontaneous ordering on the fiscal commons is insightful. His framework provides plausible explanations for observed budgetary outcomes (e.g., persistent deficits) and casts serious doubt on continued efforts to correct them. It also injects a welcome degree of complexity to an area which for far too long has been treated as relatively easy to model. As such, it is a welcome addition to the literature, and presents a formidable challenge to those who would espouse the merits and conclusions of more traditional approaches.'\u003c\/i\u003e\u003cbr\u003e --George R. Crowley, \u003ci\u003eReview of Austrian Economics\u003c\/i\u003e\u003cp\u003e\u003ci\u003e'With Wagner's book, we now have a theoretical ice pick to pierce through the obvious outcomes on the surface to get a glimpse at the processes behind it.'\u003c\/i\u003e\u003cbr\u003e --Wolf von Laer, \u003ci\u003eJournal of the History of Economic Thought\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003e\u003ci\u003e'Richard Wagner's \u003c\/i\u003eDeficits, Debt, and Democracy: Wrestling with Tragedy on the Fiscal Commons\u003ci\u003e is essentially a sequel to his 2007 book, \u003c\/i\u003eFiscal Sociology and the Theory of Public Finance\u003ci\u003e. . . Wagner's framework merits wide attention. Specialists in public choice or public nance should put both \u003c\/i\u003eDeficits, Debt and Democracy\u003ci\u003e and \u003c\/i\u003eFiscal Sociology\u003ci\u003e at the top of their reading lists. Wagner's framework could shed light on a great many questions beyond public finance, leading one to hope that this book is but one sequel in an ongoing franchise.'\u003c\/i\u003e\u003cbr\u003e --Adam Martin, \u003ci\u003eZentralblatt MATH\u003c\/i\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eContents: Preface  1. Budgeting: The Elusive Quest for Fiscal Responsibility  2. Budgeting and Political Economy: A Theoretical Framework  3. Budget Deficits, Ricardian Equivalence, and Macro–Micro Supervenience  4. Property Rights, Societal Tectonics, and the Fiscal Commons  5. Parliamentary Assemblies as Peculiar Market Bazaars  6. Taxation, Fiscal Politics, and Political Pricing  7. Regulation as Alternative Taxation  8. Public Finance for a Constitution of Liberty   Bibliography  Index","brand":"Edward Elgar Publishing Ltd","offers":[{"title":"Default Title","offer_id":49406333780311,"sku":"9780857934598","price":93.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780857934598.jpg?v=1730495430","url":"https:\/\/bookcurl.com\/products\/deficits-debt-and-democracy-9780857934598","provider":"Book Curl","version":"1.0","type":"link"}