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Princeton University Library Catalog
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The politics of budgetary surplus / Scott Brenton.
Author
Brenton, Scott
[Browse]
Format
Book
Language
English
Published/Created
London : Palgrave Macmillan imprint is published by Springer Nature, [2016]
©2016
Description
xv, 198 pages ; 22 cm
Availability
Copies in the Library
Location
Call Number
Status
Location Service
Notes
Firestone Library - Stacks
HJ141 .B74 2016
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Subject(s)
Budget surpluses
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Surplus (Economics)
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Summary note
This book probes the hollow rhetoric of debt, deficits and austerity. It explores the decisions of parties of the left which have attempted to deflect criticisms of economic mismanagement and gain trust by depoliticising the budget process and financial management with various rules, albeit with elements of discretion. The book argues that this is a perverse form of trust as it is premised on the belief that political leaders and the public sector cannot be trusted to make appropriate decisions given the economic circumstances of the time and need rules, but at the same time that they can be trusted to follow the rules. The book also explores parties of the right, which often advocate stricter rules and which tend to be the least effective. The book describes how few conservative governments have admirable records on sustained surpluses, given a propensity for unsustainable tax cuts, and the future opportunities this provides to advance a political program of deeper spending cuts.
Notes
Subtitle from cover.
Bibliographic references
Includes bibliographical references and index.
Contents
The path towards surplus
Political strategies
Types of fiscal rules
Types of expenditure cuts
The effects on public management
The global financial crisis and beyond
Epilogue.
Show 4 more Contents items
ISBN
9781137585967 (hardcover)
113758596X (hardcover)
LCCN
2016955055
OCLC
968174153
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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