Deficit Hysteria: A Common Sense Look at America's Rush to Balance the Budget

by Arthur Benavie and Arthur Benavie Professor Emeritus

Book Overview

The political consensus in the United States today is that the nation avoid deficit spending. But as virtuous and unassailable as that goal sounds, it has fallacies and dangers. In a lucid, nontechnical writing style, Benavie shows that deficits can be either good or bad and explains how to tell the difference. Deficits, or government borrowing, can be beneficial or harmful depending on what the government does with the money. Preventing such borrowing,...

• Format: Hardcover
• Language: English
• ISBN: 027596308X
• ISBN13: 9780275963088
• Release Date: September 1998
• Publisher: Praeger
• Length: 168 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.8" x 6.5" x 9.6"

Customer Reviews

Disappointed in condition of book. The text material is excellent.

The book was received promptly and without shipping damage. However, I was disappointed in that about a dozen pages were double dog-eared and another dozen were highlighted with ORANGE color highlight marking, UGH! This makes the book difficult to read through the orange color! I do not remember these problems being described in the original description of the book.