Debt and Deficits: An Historical Perspective
This major historical investigation analyses the causes and consequences of debt and deficits from the late 17th century to the 1990s. The internationally acclaimed group of authors examines the ideas and events that have changed economists, politicians and policy makers' views on public debt and deficits over the last 250 years.
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Gladstone and sound Victorian finance
Reflections on Ricardian equivalence
Keynes Buchanan and the balancedbudget doctrine
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accounts actual analysis assumptions balanced Bank become believed bonds borrowing Britain British budget deficit budgetary burden Cambridge capital cause cent century Chancellor changes chapter consequences continued cost countries course cyclically adjusted default demand duty Economic economists effect employment equivalence Essays estimates example expenditure falling figures fiscal policy followed future given Gladstone Gladstone's growth History Hume ideas important income tax increase inflation interest investment issue Italy Keynes Keynesian labour later less loan London Management means million monetary national debt national income never noted output gap Oxford payments period political Political Economy position possible principle productive PSBR public debt public finances question raised ratio reduce reference result revenue Ricardian Ricardo Second sector shows sinking fund Smith spending statistical surplus Table taxation theory Treasury University Wealth World