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Paperback Public Principles of Public Debt: A Defense and Restatement Book

ISBN: 0865972168

ISBN13: 9780865972162

Public Principles of Public Debt: A Defense and Restatement

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Format: Paperback

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Book Overview

Public Principles of Public Debt is one of James M. Buchanan's most important and influential books. The radical idea he conceived was that our reliance on public debt has amassed a sort of orthodoxy that is commonly--and needlessly--assumed by taxpayers, by politicians, and by economists themselves.

Buchanan dismisses the nearly universal belief (which continues to this day) that the burden of debt is borne by the current...

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