{"product_id":"the-means-to-prosperity-9780415701563","title":"The Means to Prosperity","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eWhile recent developments in monetary theory have been fast to spread to policy analysis and practice and the media, the same is not true of fiscal policy, and a void has emerged. Issues such as timing, cyclical adjustments, long-term sustainability, and social implications are often seen as detached from discussions in the public arena.\u003cbr\u003e\u003cbr\u003eThis book fills this gap. It delivers a keen assessment of the role and scope of current fiscal policy. New contributions and critical reviews of state of the art research analyze fiscal policy in terms of viability, potency, consequences and sustainability, and also shed light on its relation to economic and political ideas.\u003cbr\u003e\u003cbr\u003eThe general tone of this volume is cautiously favourable of fiscal activism, although the emphasis is placed more on medium-term adjustments than on short-term âfine-tuningâ. The authors believe that the legacy of the last fiscal revolution has been an excessively negative view of deficits and debt, and believe th\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eList of figures   List of tables   List of contributors   Acknowledgments   Preface by James K. Galbraith      1 Introduction   Per Gunnar Berglund and Matias Vernengo      Part I. Fiscal policy strikes back      2 The case for fiscal policy   Philip Arestis and Malcolm Sawyer      3 A fiscal policy to counter recessions: triggered transfers to households   Laurence S. Seidman and Kenneth A. Lewis       4 Integrating sound finance with functional finance    David Colander and Peter Hans Matthews       5 Regime change for the US Federal budget   Max B. Sawicky      Part II. Fiscal policy in the periphery      6 Grappling with fiscal reform: the case of the Dominican Republic   Esteban Pérez Caldentey      7 Endogenous Fiscal Crises: Theory and Brazilian Experience   Matias Vernengo      8 Fiscal programming and alternatives in debt management: the Turkish experience   Ebru Voyvoda      Part III. Fiscal policy for our grandchildren      9 Paradox of Thrift and Budget in a Simple Keynesian Growth Model   Per Gunnar Berglund      10 Budget deficits, unemployment and economic growth: a cross-section time-series analysis   Robert Eisner      11 Debt sustainability in the European Monetary Union: theory and empirical evidence for selected countries   Alfred Greiner, Uwe Koeller and Willi Semmler      12 Varieties of Fiscal Stimulus: A Conflicting Claims Analysis   Alan G. Isaac      Part IV. What are the questions?      13 The political economy of the deficit (roundtable session)   Barbara R. Bergmann, Jeffrey A. Frankel, William A. Niskanen, Laurence S. Seidman (participants); Matias Vernengo (moderator); with an introduction by Per Gunnar Berglund and Matias Vernengo      14 The final word on fiscal policy (interview)   Robert Eisner; with an introduction by Per Gunnar Berglund\u003c\/p\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Default Title","offer_id":50577328898391,"sku":"9780415701563","price":82.64,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780415701563.jpg?v=1746094908","url":"https:\/\/bookcurl.com\/products\/the-means-to-prosperity-9780415701563","provider":"Book Curl","version":"1.0","type":"link"}