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

Gespeichert in:

Autor*in:	Buchanan, James M. [verfasserIn]

Format:	Artikel
Sprache:	Englisch

Erschienen:	1997

Schlagwörter:	Public Finance Balance Budget Constitutional Rule Constitutional Amendment Require Budget Balance

Anmerkung:	© Kluwer Academic Publishers 1997

Übergeordnetes Werk:	Enthalten in: Public choice - Kluwer Academic Publishers, 1968, 90(1997), 1-4 vom: März, Seite 117-138
Übergeordnetes Werk:	volume:90 ; year:1997 ; number:1-4 ; month:03 ; pages:117-138

Links:	Volltext

DOI / URN:	10.1023/A:1004969320944

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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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title_short	The balanced budget amendment: Clarifying the arguments
url	https://doi.org/10.1023/A:1004969320944
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up_date	2024-07-04T04:49:43.574Z
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