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Bucking The Deficit - Economic Policymaking In America (Paperback)
Loot Price: R1,227
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Bucking The Deficit - Economic Policymaking In America (Paperback)
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For years now, Americans have called for a balanced budget, debt
reduction, and fiscal sanity. Yet the federal government continues
to spend beyond its income, driving the level of federal debt up
and public confidence down. Why is that? Why have the monsters of
public finance--pork-barrel spending, entitlements, and the
deficit--remained unchecked for so long? What effects have they had
on our economy and our politics? What, if anything, can be done to
tame them?This concise, well-written primer of American political
economy offers answers to these questions and more, all the while
covering a vast and complicated intellectual terrain in an
accessible and engaging way. Political scientist G. Calvin
Mackenzie and economist Saranna Thornton combine forces here to
clear up some of the mysteries of contemporary economic theory and
practice. They take us on a sweeping tour of the economic turning
points in our national history and then go on to discuss what it
will take to make sound economic policy and, ultimately, good
government for the twenty-first century.Everyone--but especially
students of American government, public policy, economics, and
business--should have a copy of this on the shelf to help them make
sense of the economic news and its political ramifications.
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