The Economics of Public Spending : Debts, Deficits and Economic Performance

List of figures -- List of tables -- Acknowledgements -- About the contributors -- Introduction -- -- 1. Fiscal policy and the current crisis: are budget deficits a cause, a consequence or a remedy? -- Hassan Bougrine -- 2. The evolution of a new "neoliberal, balanced budget" social structure of accumulation? Emerging prospects for the United States and world economies -- Phillip Anthony O`Hara -- 3. Macroeconomic policy for a post-conservative era: can and should demand management policies be resuscitated? -- John Smithin -- 4. The long-run fiscal deflation: a real interpretation of the late twentieth-century world crisis -- Alain Parguez -- 5. Government debt monetization and inflation: a somewhat jaundiced view -- Mario Seccareccia and Atul Sood -- 6. Government deficits in simple Kaleckian models -- Marc Lavoie -- 7. On the limitations of fiscal policy: a radical Kaleckian view -- Joseph Halevi and Peter Kriesler -- 8. Public investment and growth -- Claudio Sardoni and Paolo Palazzi -- Index