[Télécharger] Public Debt as a Form of Public Finance: Overcoming a Category Mistake and its Vices (Elements in Austrian Economics) (English Edition) de Richard E. Wagner Livre PDF Gratuit
Télécharger Public Debt as a Form of Public Finance: Overcoming a Category Mistake and its Vices (Elements in Austrian Economics) (English Edition) de Richard E. Wagner Pdf Epub
Télécharger "Public Debt as a Form of Public Finance: Overcoming a Category Mistake and its Vices (Elements in Austrian Economics) (English Edition)" de Richard E. Wagner Livre PDF Gratuit
Auteur : Richard E. Wagner
Catégorie : Boutique Kindle,Ebooks Kindle,Ebooks en langues étrangères
Broché : * pages
Éditeur : *
Langue : Français, Anglais
Economists commit a category mistake when they treat democratic governments as indebted. Monarchs can be indebted, as can individuals. In contrast, democracies can't truly be indebted. They are financial intermediaries that form a bridge between what are often willing borrowers and forced lenders. The language of public debt is an ideological language that promotes politically expressed desires and is not a scientific language that clarifies the practice of public finance. Economists have gone astray by assuming that a government is just another person whose impulses toward prudent action will restrict recourse to public debt and induce rational political action.
Télécharger Public Debt as a Form of Public Finance: Overcoming a Category Mistake and its Vices (Elements in Austrian Economics) (English Edition) de Richard E. Wagner Francais PDF
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