The Means to Prosperity: Fiscal Policy Reconsidered

Name: The Means to Prosperity: Fiscal Policy Reconsidered
Brand: Taylor & Francis
SKU: 9780415649988
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ISBN13: 9780415649988
Binding: Paperback
Subject: N/A
Publisher: Taylor & Francis
Publisher Imprint: Routledge
Publication Date: May 10, 2013
Pages: 368
Original Price: GBP 31.99
Language: English
Edition: N/A
Item Weight: 545 grams
BISAC Subject(s): Economics / Macroeconomics

About The Book

While recent developments in monetary theory have been fast to spread to policy analysis and practice and the media, the same is not true of fiscal policy, and a void has emerged. Issues such as timing, cyclical adjustments, long-term sustainability, and social implications are often seen as detached from discussions in the public arena.

This book fills this gap. It delivers a keen assessment of the role and scope of current fiscal policy. New contributions and critical reviews of state of the art research analyze fiscal policy in terms of viability, potency, consequences and sustainability, and also shed light on its relation to economic and political ideas.

The general tone of this volume is cautiously favourable of fiscal activism, although the emphasis is placed more on medium-term adjustments than on short-term 'fine-tuning'. The authors believe that the legacy of the last fiscal revolution has been an excessively negative view of deficits and debt, and believe that this volume will contribute to open a dialogue on fiscal issues, and bring back a more balanced view of fiscal policy. With contributions from leading authorities including Barbara Bergmann, Jeffrey Frankel and David Colander, this is a major new contribution to the field.

About The Author

Matias Vernengo is Assisstant Professor of Economics at the University of Utah, Salt Lake City, USA.

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