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Debt, Democracy And The Welfare State: Are Modern Democracies Living On Borrowed Time And Money? Hardcover

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Country of Origin
India
Author 1
Rognvaldur Hannesson
Book Description
Why is it that government debt in the developed world has risen to world war proportions in a time of peace? This can largely be attributed to governments maintaining welfare expenditures beyond what tax revenues allow. But will these governments refrain from doing what is necessary for economic growth for fear of losing their electorate?
ISBN-10
1137531991
ISBN-13
9781137531995
Language
English
Publisher
Palgrave MacMillan
Publication Date
24 Apr 2015
Number of Pages
115
About the Author
Roegnvaldur Hannesson is Professor Emeritus of Economics at the Norwegian School of Economics, Bergen. He has published over 100 articles in professional journals, as well as several books, including Ecofundamentalism: A critique of Extreme Environmentalism, The Privatization of the Oceans, and Investing for Sustainability: The Management of Mineral Wealth