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Classical Economics, Public Expenditure and Growth

Economists of the Twentieth Century Series

By (author) W.A. Eltis
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 4th May 1993
Dimensions: w 156mm h 234mm d 20mm
Weight: 882g
ISBN-10: 1852787414
ISBN-13: 9781852787417
Barcode No: 9781852787417
Walter Eltis's work has played a major role in the rediscovery of the policy relevance of classical economics. His articles on Smith, Quesney, Ricardo and Malthus, where he derives their underlying economic argument from a detailed examination of their principal publications, led to the Bacon and Eltis theory which challenged Keynesian orthodoxy. It showed how growing public expenditure and increasing public debt reduce economic growth and destabilize modern economies. This volume includes a selection of his key articles and papers, as well as an extensive introductory essary which provides an account of the evolution of his ideas and their impact on economic policy.

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