Download or read book Deficit Financing Or Deficit Reduction Financing Debates in Contemporary Economics written by Ann Pettifor and published by . This book was released on 2019 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis of government deficits and public debt points to a fundamental error in contemporary economic discussions. It is not possible to assess the stance of fiscal policy from estimates of the public sector deficit. John Maynard Keynes's macroeconomics and the empirical evidence discussed in this paper indicate that expansionary fiscal policy financed by loan issues will lead to growth in economic activity and employment. In an economy with spare capacity and idle resources, high government expenditure generates income, including tax revenues and thereby reduces the government deficit, and cuts public debt. The main purpose of increased loan-financed government spending at times of private economic weakness is to increase the nation's income. Keynes argued that any such government spending was not deficit spending, because he understood the spending as the most sensible means to cut the deficit. Deficit-reduction spending might be a more appropriate definition, because as he argued with Josiah Stamp: “You will never balance the budget through measures which reduce national income” (Keynes, 1978, vol. 21, p. 149).
Download or read book Deficit Finance the Case Examined written by Benjamin Higgins and published by . This book was released on 1941 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trends in Government Financing written by Morris Albert Copeland and published by Princeton University Press. This book was released on 2015-12-08 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author indicates that war expenditures have been the most important single cause of the increase in the federal debt, with government countercyclical expenditures second. Increase in state and local debts is found to be largely due to the technological revolution. Originally published in 1961. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book Present and Future Conditions of Credit Markets written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy and published by . This book was released on 1982 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Deficit Myth written by Stephanie Kelton and published by PublicAffairs. This book was released on 2020-06-09 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.
Download or read book The impact of federal deficits written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy and published by . This book was released on 1982 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deficit Financing and Economic Development in India written by Manorma Hukku and published by . This book was released on 1989 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How 13 Bankers View the Deficit written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1975 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal Adjustment and Deficit Financing During the Debt Crisis written by and published by World Bank Publications. This book was released on with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financing the U S Trade Deficit written by James K. Jackson and published by DIANE Publishing. This book was released on 2010-11 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. merchandise trade deficit is a part of the overall U.S. balance of payments (BoP), a summary statement of all economic transactions between the residents of the U.S. and the rest of the world, during a given period of time. Some Members of Congress and others are concerned over the magnitude of the U.S. merchandise trade deficit and the associated increase in U.S. dollar-denominated assets owned by foreigners. This report provides an overview of the U.S. BoP, an explanation of the broader role of capital flows in the U.S. economy, an explanation of how the country finances its trade deficit or a trade surplus, and the implications for Congress and the country of the large inflows of capital from abroad. Charts and tables.
Download or read book Deficit Financing Inflation and Capital Formation written by Naseem Ahmad and published by . This book was released on 1970 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on deficit financing, inflation and capital formation in Ghana from 1960 to 1965 - covers the balance of payments, monetary policy, etc., and analyses the fact that economic development showed a loss of momentum in this period despite a high rate of public investment. Bibliography pp. 152 to 156 references and statistical tables.
Download or read book Investigation of the Financial Condition of the United States written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1958 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ludwig von Mises on Money and Inflation A Synthesis of Several Lectures written by Bettina Bien Greaves and published by Ludwig von Mises Institute. This book was released on 2010 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Budget Deficit Financing Effects on Firm s Choice of Debt and Equity written by James H. Dennedy and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oregon Blue Book written by Oregon. Office of the Secretary of State and published by . This book was released on 1919 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The External Effects of Public Sector Deficits written by Carlos Alfredo Rodríguez and published by World Bank Publications. This book was released on 1989 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two equation model measures how public sector deficits -- and the way they are financed -- affect the real exchange rate, the trade balance, the current account, and the level of external indebtedness.
Download or read book The Economic Consequences of Government Deficits written by L.H. Meyer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: On October 29 and 30, 1982, the Center for the Study of American Business and the Institute for Banking and Financial Markets at Washington "The Economic Consequences of University cosponsored a conference on Government Deficits. " This was the sixth annual Economic Policy Con ference sponsored by the Center, and the first it has cosponsored with the Institute. This book contains the papers and comments delivered at that conference. Recent and prospective large federal deficits have prompted a thorough reconsideration of the political sources and economic consequences of government deficits. The papers in Part I focus on the implications of deficits for monetary growth and inflation, and the papers in Part II consider the effect of deficits on interest rates and capital formation. The papers in Part III deal with the political sources and remedies for the explosive growth in government spending and increased reliance on deficits. The papers in Part I by Alan S. Blinder, Professor of Economics at Princeton University, and Preston J. Miller, Assistant Vice President and Research Advisor at the Federal Reserve Bank of Minneapolis, discuss the relation between monetary growth and deficits and present evidence on the of deficits on inflation and output. A deficit is said to be monetized effects vii viii THE ECONOMIC CONSEQUENCES OF GOVERNMENT DEFICITS when the Federal Reserve purchases bonds to aid the Treasury in financing the deficit.
