(Download) Debt, Democracy and the Welfare State: Are Modern Democracies Living on Borrowed Time and Money? (Palgrave Pivot)






 | #3857188 in eBooks |  2015-04-24 |  2015-04-24 | File Name: B00WMSSKIM

||About the Author||Rögnvaldur 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 Extrem

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?


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