Running Deficits : Positives and Pitfalls.

Examines reasons for and pros and cons of running deficits. Provides brief overview of basic public finance theory, benefits and costs of smoothing consumption via deficit finance, political explanations of economic fluctuations, intergenerational transfers, and cost options for financing deficits.

Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2006.
Series:	U.S. Congressional Research.
Subjects:	Budget deficits. Business cycles. Economic policy. Electronic books.
Online Access:	Connect to the full text of this electronic book