DEBT AND DEFICITS
Written by Lakis C. Kaounides, Geoffrey E. Wood
Published by Edward Elgar
in 1992
ISBN: 1852784199
DEBT AND DEFICITS
Written by Lakis C. Kaounides, Geoffrey E. Wood.
Stock no. 689777
1st.
1992.
Hardback.
Nearly fine condition.
Three volumes. The International Library of Macroeconomic and Financial History. Black cloth, gilt titles. ISBN: 1852784199. Corners and spines slightly bumped. REDUCED FROM £250.
Front cover
Contents
- Volume I
- Public Debt and Classical Political Economy
- Acknowledgements
- Introduction
- PART I RICARDO ON THE NATIONAL DEBT
- 1. David Ricardo (1951-2), The Works and Correspondence of David Ricardo, edited by Piero Sraffa, Cambridge: Cambridge University Press
- 2. Pier Francesco Asso and Emilio Barucci (1988), 'Ricardo on the National Debit and its Redemption: Some notes on an Unpublished Ricardian Manuscript', Economic Notes, 2, 5-36
- 3. R.O. Roberts (1942), 'Ricardo's Theory of Public Debs', Economica, New Series, IX, August, 257-66
- PART II McCULLOCH ON RICARD O AND THE NATIONAL DEBT
- 4. David Ricardo (1952), The Works and Correspondence of David Ricardo, Letters, VIII, edited by Piero Sraffa, Cambridge: Cambridge University Press
- 5. J.R. McCULLOCH (1853), 'Sketch of Life and Writings of David Ricardo, Esq, MP', Treatises and Essays on Subjects Connected with Economical Policy, with biographical sketches of Quesnay, Adam Smith and Ricardo, Edinburgh: Adam and Charles Black, 481
- 6. J.R. McCULLOCH (1820), 'Expediency and Practicability of Mr Ricardo's Plan for Paying Off the National Debt', The Scotsman, IV (155), Saturday 8 January, reprinted on 6 pages
- 7. J.R. McCULLOCH (1823), 'The Funding System: British Finances', Edinburgh Review, XXXIX (LXXVII), October 1-43
- 8. J.R. McCULLOCH (1827), 'Reduction of the Public Debt', Edinburgh Review XLVII, October, 390-414
- 9. J.R. McCULLOCH (1928), 'The Best Method of Funding', Edinburgh Review, XLVI January, 59-86
- Name Index
- Volume II
- Deficit Finance, the New Economics and the Dissenters
- Acknowledgements
- An Introduction to all volumes appears in Volume I.
- PART I THE NEW ORTHODOXY
- 1. David McC. Wright (1941) 'The Economic Limit and Economic Burden of an Internally Held National Debt', Quarterly Journal of Economics, LV, November, 116-29
- 2. Alvin H. Hansen (1941) 'The Growth and Role of Public Debt' in Fiscal Policy and Business Cycles, London: George Allen & Unwin, 135-85
- 3. Alvin H. Hansen and Guy Greer (1942) 'The Federal Debt and the Future: An Unflinching Look at the Facts and Prospects', Harper's Magazine, April 489-500
- 4. B.U. Ratchford (1942) 'The Burden of Domestic Debt', American Economic Review, XXXII (3), September 451-67
- 5. Abba P. Lerner (1943) 'Functional Finance and Federal Debt', Social Research, 10 (1), February 38-51
- 6. David McC. Wright (1943), 'Mr Ratchford on the Burden of a Domestic Debt: Comment', American Economic Review, XXXIII, March 5 115-19
- 7. Seymour E Harris (1943), 'Postwar Public Debt' in Seymour E Harris (ed.), Postwar Economic Problems, Essay Index Reprint Series, Books for Librarian Press, Freepost, New York, 169-85
- 8. Alvin Hansen (1944), 'Moulton's "The New Philosophy of Public Debt": A Reply, in Alvin H Hansen and Harvey S. Perloff, State and Local Finance in the National Economy, New York: Norton, 285-98
- 9. Evsey D. Domar (1944), 'The "Burden of the Debt", and the National Income', American Economic Review, XXXIV, December, 798-827
- 10. Seymour E. Harris (1947), The National Debt and the New Economics, New York: McGraw-Hill, 'Pointing up the Argument', 1-20; 'Classical and Other Views on the Public Debt', 51-71; 'Deficits in Peacetime', 91-102; 'Is the 'Public Debt a Burden?', 152-8' 'Repayment of Debt', 258-70; 'Conclusion 276-8
- 11. A.C. Pigou (1947), 'The Place of Loans other than War Loans in Public Finance', in A Study in Public Finance, London: Macmillan (3rd revised edition), 35-9
- 12. Abba P. Lerner, 'The Burden of the National Debt' in Income, Employment and Public Policy: Essays in Honor of Alvin H. Hansen, New York: W.W. Norton, 255-75
- 13. Jesse Burkhead (1954), 'The Balanced Budget', Quarterly journal of Economics, LXVIII, May 191-216
- 14. J.E. Meade (1958), 'Is the National Debt a Burden?', Oxford Economic Papers, New Series, 10 163-83
- 15. J.E. Meade (1959), 'Is the National Debt a Burden?' A Correction, Oxford Economic Papers, New Series, 11 109-10
- 16. Richard A Musgrave (1959), 'Classical Theory of Public Debt' in the Theory of Public Finance, New York: McGraw-Hill 556-80
- PART II THE CHALLENGE TO THE NEW ORTHODOXY
- 17. James M. Buchanan (1960), '"La Scienza Delle Finanze"': The Italian Tradition in Fiscal Theory' in Fiscal Theory and Political Economy: Selected Essays, Chapel Hill: University of North Carolina Press 24-74
- 18. James M. Buchanan (1958) Public Principles of Public Debt; A Defense and Restatement, Homewood, Illinois: Richard D. Irwin, 'Preface', v-x; 'The Economists and Vulgar Opinion', 1-3; 'The New Orthodoxy', 4-20; 'Concerning Future Generations', 31-47; 'The Analogy: True or False?', 48-65
- 19. Abba P. Lerner (1959), 'Book Review of James M Buchanan's Public Principles of Public Debt: A Defense and Restatement', Journal of Political Economy, 2 April 203-6
- 20. William G Bowen, Richard G Davis and David H Kopf (1960), 'The Public Debt: A Burden on Future Generations?', American Economic Review, L (4), September 701-6
- 21. Abba P. Lerner (1961), 'The Burden of Debt', Review of Economics and Statistics, March 139-41
- 22. William Vickrey, Tibor Scitovsky and James R Elliott (1961), 'The Burden of the Public Debt: Comment', American Economic Review, LI March 132-41
- 23. William G Bowen, Richard G Davis and David H Kopf (1961), 'The Burden of the Public Debt: Reply', American Economic Review, LI March 141-3
- 24. William G Bowen, Richard G Davis and David H Kopf (1962), The Distribution of the Debt Burden: A Reply' (to Lerner), Review of Economics and Statistics, XLIV, February, 98-9
- 25. Hans Neisser (1961), 'Is the Public Debt a Burden on Future Generations?', Social Research, 28 (2), Summer 225-8
- 26. Carl S. Shoup (1962), 'Debt Financing and Future Generations', Economic Journal, LXXII, December 887-98
- 27. Franco Modigliani (1961), 'Long-Run Implications of Alternative Fiscal Policies and the Burden of the National Debt', Economic Journal, LXXI December 730-55
- 28. E J Mishan (1963), 'How to Make a Burden of the Public Debt', Journal of Political Economy, LXXI (6), December 529-42
- 29. Franco Modigliana (1964), 'How to Make a Burden of the Public Debt: A Reply to Mishan', Journal of Political Economy, LXXII (6), October 483-5
- 30. James M Buchanan (1964), 'Confessions of a Burden Monger', Journal of Political Economy, LXXII (6), October 486-90
- 31. John C Hause (1964),'Comment on "How to Make a Burden of the Public Debt"', Journal of Political Economy LXXII (6), October 489-90
- 32. E J Mishan (1964), 'The Burden of the Public Debt': A Rejoinder', Journal of Political Economy, LXXII (6), October 491-5
- 33. Peter A Diamond (1965), 'National Debt in a Neoclassical Growth Model', American Economic Review, LV December 1126-50
- Name Index
- VOLUME III
- Debt Neutrality and the Theory of Fiscal Policy 1970s to 1990s
- Acknowledgements
- An introduction to all volumes appears in Volume I.
- PART 1 RICARDIAN EQUIVALENCE: ROBERT BARRO AND HIS CRITICS
- 1. Robert J. Barro (1974), 'Are Government Bonds Net Wealth?', Journal of Political Economy, 82 (6), November/December 1095-117
- 2. James M Buchanan (1976),'Barro on the Ricardian Equivalence Theorem', Journal of Political Economy, 84 (2) April 337-42
- 3. Martin Feldstein (1976), 'Perceived Wealth in Bonds and Social Security: A Comment', Journal of Political Economy 84(2), April 331-6
- 4. Robert J. Barro (1976), 'Reply to Feldstein and Buchanan', Journal of Political Economy 84 (2), April 343-9
- 5. Gerald P. O'Driscoll, Jr. (1977), 'The Richardian Nonequivalence Theorem', Journal of Political Economy 85 (1) 207-10
- 6.Willem H. Buiter and James Tobin (1979), 'Debit Neutrality: A Brief Review of Doctrine and Evidence' in George M von Furstenberg (ed), Social Security versus Private Saving, Cambridge, Mass: Ballinger, 39-63
- 7. H. Geoffrey Brennan and James M Buchanan (1986), 'The Logic of the Ricardian Equivalence Theorem', in James M Buchanan, Charles K Rowley and Robert D Tollison (eds), Deficits, Oxford: Basil Blackwell, 79-92
- 8. James Tobin (1980), 'Government Deficits and Capital Accumulation' in James Tobin, Asset Accumulation and Economic Activity, Oxford: Basil Blackwell, 49-72
- 9. Luigi L Pasinetti (1989), 'Richardian Debt/Taxation Equivalence in the Kaldor Theory of Profits and Income Distribution', Cambridge Journal of Economics, 13 25-36
- PART II EMPIRICAL INVESTIGATIONS OF RICARDIAN EQUIVALENCE
- 10. Roger C Kormendi (1983), 'Government Debt, Government Spendings, and Private Sector Behaviour', American Economic Review, LXXIII (5), December 994-1010
- 11. Franco Modigliani and Arlie Sterling (1986), 'Government Debt, Government Spending, and Private Sector Behaviour: Comment', American Economic Review, LXXVI (5), December 1168-79
- 12. James R Barth, George Iden and Frank S Russek (1986), 'Government Debt, Government Spending, and Private Sector Behaviour: Comment', American Economic Review, LXXVI (5), December 1158-67
- 13. B. Douglas Bernheim (1987), 'Richardian Equivalence: An evaluation of Theory and Evidence' with three 'Comments' in Stanley Fischer (ed), NBER Macroeconomics Annual 1987, Cambridge, Mass: MIT Press 263-315
- 14. Martin Feldstein and Douglas W Elmendorf (1990, 'Government Debt, Government Spending, and Private Sector Behaviour: Comment', American Economic Review, LXXX (3), June 589-99
- 15. Franco Modigliani and Arlie G Sterling (1990), 'Government Debt, Government Spending, and Private Sector Behaviour: A further Comment', American Economic Review, LXXX (3), June 600-603
- 16.Roger C Kormendi and Philip Meguire (1990), 'Government Debt, Government Spending, and Private Sector Behaviour: Reply and Update, American Economic Review, LXXX (3), June 604-17
- 17. Daniel L Thornton (1990), 'Do Government Deficits Matter?', Federal Reserve Bank of St Louis Review, 72 (5), September/October 25-39
- PART III DEBT AND DEFICITS: NEO-CLASSICAL, KEYNESIAN AND RICHARDIAN THEORETICAL PERSPECTIVES AND POLICY CONCLUSIONS
- 18. Willem H. Buiter (1985), 'A Guide to Public Sector Debt and Deficits', Economic Policy, November 14-79
- 19. James Tobin (1986), 'The Monetary-Fiscal Mix: Long-Run Implications', American Economic Review Papers and Proceedings, 76 (2), May 213-18
- 20. Robert J Barro (1989), 'The Neoclassical Approach to Fiscal Policy' in Robert J Barro's Modern Business Cycle Theory, Oxford: Basil Blackwell, 178-235
- 21. Janet L Yellen (1989), 'Symposium on the Budget Deficit', Journal of Economic Perspectives, 3 (2), Spring 17-21
- 22. Robert J Barro (1989), 'The Ricardian Approach to Budget Deficits', Journal of Economic Perspectives, 3 (2), Spring 37-54
- 23. Edward M Gramlich (1989), 'Budget Deficits and National Saving: Are Politicians Exogenous?' Journal of Economic Perspectives, 3 (2), Spring 23-35
- 24. B Douglas Bernheim (1989), 'A Neoclassical Perspective on Budget Deficits', Journal of Economic Perspectives, 3 (2), Spring 55-72
- 25. Robert Eisner (1989), 'Budget Deficits: Rhetoric and Reality', Journal of Economic Perspectives, 3 (2), Spring 73-93
- 26. Rudiger Dornbusch and Mario Draghi (1990), 'Introduction' to Public Debt Management: Theory and History, Cambridge: Cambridge University Press 1-13
- Name Index