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About this item
Highlights
- Why is it that government debt in the developed world has risen to world war proportions in a time of peace?
- About the Author: Rögnvaldur Hannesson is Professor Emeritus of Economics at the Norwegian School of Economics, Bergen.
- 115 Pages
- Business + Money Management, Economics
Description
About the Book
Argues that government debt in the developed world has risen to world war proportions in a time of peace because of welfare expenditures in excess of what tax revenues allow. Examines the willingness or unwillingness of democratic leaders to balance taxes and public spending and looks at the possible increase of private financing of public services.Book Synopsis
Why is it that government debt in the developed world has risen to world war proportions in a time of peace? This can largely be attributed to governments maintaining welfare expenditures beyond what tax revenues allow. But will these governments refrain from doing what is necessary for economic growth for fear of losing their electorate?About the Author
Rögnvaldur Hannesson is Professor Emeritus of Economics at the Norwegian School of Economics, Bergen. He has published over 100 articles in professional journals, as well as several books, including Ecofundamentalism: A critique of Extreme Environmentalism, The Privatization of the Oceans, and Investing for Sustainability: The Management of Mineral Wealth.
Dimensions (Overall): 8.5 Inches (H) x 5.5 Inches (W) x .44 Inches (D)
Weight: .67 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 115
Genre: Business + Money Management
Sub-Genre: Economics
Publisher: Palgrave Pivot
Theme: Macroeconomics
Format: Hardcover
Author: R Hannesson
Language: English
Street Date: April 24, 2015
TCIN: 1005549596
UPC: 9781137531995
Item Number (DPCI): 247-28-2023
Origin: Made in the USA or Imported
Shipping details
Estimated ship dimensions: 0.44 inches length x 5.5 inches width x 8.5 inches height
Estimated ship weight: 0.67 pounds
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