The problem is inflation-control, not spending-control
The problem of mounting public debt should be attributed to the inability to control inflation instead of restricting public expenditures as many economists would suggest. The use of inappropriate monetary and fiscal tools to control inflation have aggravated the problem. In light of new findings, i...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10559 |
| _version_ | 1811172439995973632 |
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| author | A.N. MCLEOD |
| author_facet | A.N. MCLEOD |
| author_sort | A.N. MCLEOD |
| collection | DOAJ |
| description | The problem of mounting public debt should be attributed to the inability to control inflation instead of restricting public expenditures as many economists would suggest. The use of inappropriate monetary and fiscal tools to control inflation have aggravated the problem. In light of new findings, it is suggested that tax-based incomes policies and Lerner's market anti-inflation plan, among others, should be tried out.
JEL Codes: E31, E52
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| first_indexed | 2024-04-10T17:31:10Z |
| format | Article |
| id | doaj.art-39efc347941948d097d188e594da77d9 |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:31:10Z |
| publishDate | 2013-10-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-39efc347941948d097d188e594da77d92023-02-03T16:46:21ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-014819310.13133/2037-3643/10559The problem is inflation-control, not spending-controlA.N. MCLEODThe problem of mounting public debt should be attributed to the inability to control inflation instead of restricting public expenditures as many economists would suggest. The use of inappropriate monetary and fiscal tools to control inflation have aggravated the problem. In light of new findings, it is suggested that tax-based incomes policies and Lerner's market anti-inflation plan, among others, should be tried out. JEL Codes: E31, E52 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10559AnalysisManagementInflationPublic expendituresPublic debt |
| spellingShingle | A.N. MCLEOD The problem is inflation-control, not spending-control PSL Quarterly Review Analysis Management Inflation Public expenditures Public debt |
| title | The problem is inflation-control, not spending-control |
| title_full | The problem is inflation-control, not spending-control |
| title_fullStr | The problem is inflation-control, not spending-control |
| title_full_unstemmed | The problem is inflation-control, not spending-control |
| title_short | The problem is inflation-control, not spending-control |
| title_sort | problem is inflation control not spending control |
| topic | Analysis Management Inflation Public expenditures Public debt |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10559 |
| work_keys_str_mv | AT anmcleod theproblemisinflationcontrolnotspendingcontrol AT anmcleod problemisinflationcontrolnotspendingcontrol |