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Do deficit$ matter? / Daniel Shaviro.

By: Material type: TextTextPublication details: Chicago : University of Chicago Press, 1997.Description: 1 online resource (335 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 0226751155
  • 9780226751153
Other title:
  • Do deficits matter?
Subject(s): Genre/Form: Additional physical formats: Print version:: Do deficit$ matter?DDC classification:
  • 339.5/23/0973 20
LOC classification:
  • HJ2051 .S475 1997eb
Online resources:
Contents:
DO DEFICITS MATTER?; Contents; Acknowledgments; ONE Introduction; TWO Reasons for the Perceived Importance of Budget Deficits; THREE The Debate among Economists from the 1770s through the 1970s; FOUR The Modern Deficit Debate; FIVE Tax Lag and Generational Equity; SIX Macroeconomic Issues Raised by Tax Lag and Budget Deficits; SEVEN Issues of Government Size and Structure; EIGHT Conclusion; Bibliography; Index.
Summary: Do deficits matter? Yes and no, says Daniel Shaviro in this political and economic study. Yes, because fiscal policy affects generational distribution, national saving, and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content. This book provides an invaluable guide for anyone wanting to know exactly what is at stake for Americans in this ongoing debate. "[An] excellent, comprehensive, and illuminating book. Its analysis, deftly integrating considerations of economics, law, politics, and philosophy, brings the issues of 'balanc.
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Includes bibliographical references (pages 311-323) and index.

DO DEFICITS MATTER?; Contents; Acknowledgments; ONE Introduction; TWO Reasons for the Perceived Importance of Budget Deficits; THREE The Debate among Economists from the 1770s through the 1970s; FOUR The Modern Deficit Debate; FIVE Tax Lag and Generational Equity; SIX Macroeconomic Issues Raised by Tax Lag and Budget Deficits; SEVEN Issues of Government Size and Structure; EIGHT Conclusion; Bibliography; Index.

Do deficits matter? Yes and no, says Daniel Shaviro in this political and economic study. Yes, because fiscal policy affects generational distribution, national saving, and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content. This book provides an invaluable guide for anyone wanting to know exactly what is at stake for Americans in this ongoing debate. "[An] excellent, comprehensive, and illuminating book. Its analysis, deftly integrating considerations of economics, law, politics, and philosophy, brings the issues of 'balanc.

Print version record.

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