The fight for funding deficits. About the illusion of prosperity and financial depletion of the State

From Ricardo and Smith the deficits were seen as the one of „the most terrible scourges which was ever invented to afflict a nation” as a system which tends to make us less thrifty, to blind us to our real situation. In the twentieth century allowing deficits regardless of their destination opened t...

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Bibliographic Details
Main Author: Ion-Lucian Catrina
Format: Article
Language:English
Published: Facultatea de Stiinte Politice, SNSPA 2012-08-01
Series:Sfera Politicii
Subjects:
Online Access:http://www.sferapoliticii.ro/sfera/170/art02-Catrina.php