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Public Debt as a Form of Public Finance

2019-05-30 Business & Economics
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Release : 2019-05-30
Genre : Business & Economics
Kind : eBook
Book Rating : 339/5 ( reviews)

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Book Synopsis Public Debt as a Form of Public Finance by : Richard E. Wagner

Download or read book Public Debt as a Form of Public Finance written by Richard E. Wagner. This book was released on 2019-05-30. Available in PDF, EPUB and Kindle. Book excerpt: Economists commit a category mistake when they treat democratic governments as indebted. Monarchs can be indebted, as can individuals. In contrast, democracies can't truly be indebted. They are financial intermediaries that form a bridge between what are often willing borrowers and forced lenders. The language of public debt is an ideological language that promotes politically expressed desires and is not a scientific language that clarifies the practice of public finance. Economists have gone astray by assuming that a government is just another person whose impulses toward prudent action will restrict recourse to public debt and induce rational political action.

The Science of Public Finance

1925 Debts, Public
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Release : 1925
Genre : Debts, Public
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Science of Public Finance by : George Findlay Shirras

Download or read book The Science of Public Finance written by George Findlay Shirras. This book was released on 1925. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the principles of public finance, including public expenditure, the canons of taxation, the measurement of taxable capacity, the distribution of central, provincial, and local revenues, the distribution of the burden of taxation, the shifting and incidence of taxation, the taxation of land, the history of the taxation of income, general principles of the taxation of income, death duties or inheritance taxes, other direct taxes and the taxation of surplus, indirect taxation, customs duties, the burden of taxation, local taxation in various countries, public debts, and financial administration.

Public Finance: An International Perspective (Revised Edition)

2020-11-27 Business & Economics
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Release : 2020-11-27
Genre : Business & Economics
Kind : eBook
Book Rating : 952/5 ( reviews)

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Book Synopsis Public Finance: An International Perspective (Revised Edition) by : Joshua E Greene

Download or read book Public Finance: An International Perspective (Revised Edition) written by Joshua E Greene. This book was released on 2020-11-27. Available in PDF, EPUB and Kindle. Book excerpt: Drawing from current examples from a variety of countries, Public Finance: An International Perspective addresses the main issues in contemporary public finance, including fiscal sustainability, state enterprises, and a variety of subsidies. There are relatively few textbooks on public finance, and many of them focus on the experience and issues facing the United States. This book sets out to address the critical issues from other countries, particularly those from the developing world or emerging market countries, who have received less attention in other texts. Written in a highly accessible manner, this book is a useful reference for students and practitioners alike.

In Defense of Public Debt

2021-08-11 Business & Economics
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Release : 2021-08-11
Genre : Business & Economics
Kind : eBook
Book Rating : 911/5 ( reviews)

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Book Synopsis In Defense of Public Debt by : Barry Eichengreen

Download or read book In Defense of Public Debt written by Barry Eichengreen. This book was released on 2021-08-11. Available in PDF, EPUB and Kindle. Book excerpt: A dive into the origins, management, and uses and misuses of sovereign debt through the ages. Public debts have exploded to levels unprecedented in modern history as governments responded to the Covid-19 pandemic and ensuing economic crisis. Their dramatic rise has prompted apocalyptic warnings about the dangers of heavy debtsabout the drag they will place on economic growth and the burden they represent for future generations. In Defense of Public Debt offers a sharp rejoinder to this view, marshaling the entire history of state-issued public debt to demonstrate its usefulness. Authors Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener argue that the ability of governments to issue debt has played a critical role in addressing emergenciesfrom wars and pandemics to economic and financial crises, as well as in funding essential public goods and services such as transportation, education, and healthcare. In these ways, the capacity to issue debt has been integral to state building and state survival. Transactions in public debt securities have also contributed to the development of private financial markets and, through this channel, to modern economic growth. None of this is to deny that debt problems, debt crises, and debt defaults occur. But these dramatic events, which attract much attention, are not the entire story. In Defense of Public Debt redresses the balance. The authors develop their arguments historically, recounting two millennia of public debt experience. They deploy a comprehensive database to identify the factors behind rising public debts and the circumstances under which high debts are successfully stabilized and brought down. Finally, they bring the story up to date, describing the role of public debt in managing the Covid-19 pandemic and recession, suggesting a way forward once governmentsnow more heavily indebted than beforefinally emerge from the crisis.

Public Finance: An International Perspective

2011-12-13 Business & Economics
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Release : 2011-12-13
Genre : Business & Economics
Kind : eBook
Book Rating : 105/5 ( reviews)

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Book Synopsis Public Finance: An International Perspective by : Joshua E Greene

Download or read book Public Finance: An International Perspective written by Joshua E Greene. This book was released on 2011-12-13. Available in PDF, EPUB and Kindle. Book excerpt: This book expands on issues like fiscal sustainability, state enterprises and the variety of subsidies, with a multi-country focus. Drawing examples from numerous countries, it presents issues in contemporary finance and especially fiscal policy that can benefit researchers and civil servants from both developed, as well as developing worlds and emerging market economies.Written in a simple and accessible manner, this book will be of interest to civil servants and practitioners. It also serves as a reference source for students and academics, and can be used as a textbook for advanced courses on public finance.

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