The balanced budget amendment: Clarifying the arguments
Abstract From the perspective of a supporter, this paper responds to the several criticisms that have been raised to the proposed constitutional amendment to require budget balance. Economists have concentrated on the loss of fiscal flexibility. This objection is countered by reference to the politi...
Ausführliche Beschreibung
Autor*in: |
Buchanan, James M. [verfasserIn] |
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Format: |
Artikel |
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Sprache: |
Englisch |
Erschienen: |
1997 |
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Schlagwörter: |
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Anmerkung: |
© Kluwer Academic Publishers 1997 |
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Übergeordnetes Werk: |
Enthalten in: Public choice - Kluwer Academic Publishers, 1968, 90(1997), 1-4 vom: März, Seite 117-138 |
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Übergeordnetes Werk: |
volume:90 ; year:1997 ; number:1-4 ; month:03 ; pages:117-138 |
Links: |
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DOI / URN: |
10.1023/A:1004969320944 |
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OLC2061947204 |
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title_sort |
the balanced budget amendment: clarifying the arguments |
title_auth |
The balanced budget amendment: Clarifying the arguments |
abstract |
Abstract From the perspective of a supporter, this paper responds to the several criticisms that have been raised to the proposed constitutional amendment to require budget balance. Economists have concentrated on the loss of fiscal flexibility. This objection is countered by reference to the political inefficacy of attempted budgetary manipulation. Lawyers have concentrated on problems of enforcement. This objection is countered by reference to observed respect to other constitutional rules. © Kluwer Academic Publishers 1997 |
abstractGer |
Abstract From the perspective of a supporter, this paper responds to the several criticisms that have been raised to the proposed constitutional amendment to require budget balance. Economists have concentrated on the loss of fiscal flexibility. This objection is countered by reference to the political inefficacy of attempted budgetary manipulation. Lawyers have concentrated on problems of enforcement. This objection is countered by reference to observed respect to other constitutional rules. © Kluwer Academic Publishers 1997 |
abstract_unstemmed |
Abstract From the perspective of a supporter, this paper responds to the several criticisms that have been raised to the proposed constitutional amendment to require budget balance. Economists have concentrated on the loss of fiscal flexibility. This objection is countered by reference to the political inefficacy of attempted budgetary manipulation. Lawyers have concentrated on problems of enforcement. This objection is countered by reference to observed respect to other constitutional rules. © Kluwer Academic Publishers 1997 |
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The balanced budget amendment: Clarifying the arguments |
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