Deficits, debt, and democracy : wrestling with tragedy on the fiscal commons / Richard E. Wagner.
This timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of socie...
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Corporate Author: | |
Language: | English |
Published: |
Cheltenham, U.K. :
Edward Elgar,
2012.
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Online Access: | |
Physical Description: | 1 online resource (xi, 194 pages) : illustrations |
Format: | Electronic eBook |
Summary: |
This timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of societal tectonics that play out through budgeting. The book demonstrates that while this clash is an inherent feature of democratic political economy, it can nonetheless be limited through embracing once again a constitution of liberty. |
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Note: | Electronic resource. |
Call Number: | HJ141 .W34 2012 |
Bibliography Note: | Includes bibliographical references and index. |
ISBN: | 9780857934604 (e-book) |