Hidden Bibliographic Details
ISBN: | 9780511349898 0511349890 0521869331 9780521869331 0521689589 9780521689588 0521689589 9780521689588
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Notes: | Includes bibliographical references (pages 231-241) and index. Print version record.
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Summary: | What's in a word? Plenty, when it's a word such as 'taxes', 'spending', and 'deficits' that dominates Washington political debate despite lacking coherent economic content. The United States is moving towards a possible catastrophic fiscal collapse. The country may not get there, but the risk is unmistakable and growing. The 'fiscal language'of taxes, spending, and deficits has played a huge and under-appreciated role in the decisions that have pushed the nation in this dangerous direction. This book proposes a better fiscal language for U.S. budget policy, rooted in economic fundamentals such as wealth distribution and resource allocation in lieu of 'taxes' and 'spending, ' and in the use of multiple measures (such as the fiscal gap and generational accounting) to replace the U.S.'s misguided reliance on annual budge deficits.
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Other form: | Print version: Shaviro, Daniel N. Taxes, spending, and the U.S. government's march toward bankruptcy. New York : Cambridge University Press, 2007 0521869331 9780521869331
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Standard no.: | 9780521689588
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