Dług publiczny w poglądach Jamesa Buchanana a kryzys zadłużenia na świecie

• Authors: Piotr Ptak

Title variants

EN

James Buchanan's View on Public Debt and Indebtedness Crisis in the World

• Languages of publication: PL

Abstracts

EN

The global financial and economic crisis revealed threats connected with excessive indebtedness of countries, whose cause came from maintaining of structural deficits. As a consequence, there was a sudden deepening of deficits and jumping growth of indebtedness in the world. Sufficiently deep reforms may, however, restore the confidence of markets. Effectiveness and permanence of those reforms will depend in a large scale on fiscal constraints imposed on governments. One of the advocates of permanent constraints imposed on governments is James Buchanan - one of the most outstanding representative of public choice theory, who was awarded a Nobel Prize in 1986. The aim of this article it to present the views of James Buchanan along with its evolution on public debt issues and the reasons for generating indebtedness as well as a presentation of his proposals of normative nature towards this phenomena.

Keywords

PL

Dług publiczny; Ekonomiści; Kryzys zadłużeniowy; Teoria ekonomii

EN

Economic theory; Economists; Indebtedness crisis; Public debt

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2013
• Volume: 129
• Pages: 19-27

Contributors

author

Piotr Ptak

References

• Teoria wyboru publicznego. Wstęp do ekonomicznej analizy polityki funkcjonowania sfery publicznej. Red. J. Wilkin. Wydawnictwo Naukowe Scholar, Warszawa 2005, s. 20.
• J.M. Buchanan: Finanse publiczne w warunkach demokracji. Wydawnictwo Naukowe PWN, Warszawa 1997, s. 133.
• L. Cossa: Początki nauki finansów. E. Wende i Spółka, Warszawa 1884.
• A. Rzońca: Paraliżujący deficyt. Zeszyt nr 1, FOR, Warszawa 2008, s. 17.
• A. Wernik: Finanse publiczne. Cele, struktury, uwarunkowania. Polskie Wydawnictwo Ekonomiczne, Warszawa 2011, s. 178.
• J.M. Keynes: Ogólna teoria zatrudnienia, procentu i pieniądza. PWN, Warszawa 1956, s. 56.
• J.H. Tempelman: James M. Buchanan on Public-Debt Finance. "The Independent Review", Winter 2007, Vol. XI, No. 3.
• J.E. Alvey, James M. Buchanan: Ethics of Public Debt and Default. "Journal of Markets & Morality" Spring 2011, Vol. 14, No. 1.
• J.M. Buchanan: The Collected Works of James M. Buchanan. Liberty Fund, Indianapolis 1999, s. 358.
• R. Barro: Are Governments Bonds Net Wealth? "Journal of Political Economy" 82, No. 6 (November-December),1974 s. 1095-1117.
• J.M. Buchanan, R.E. Wagner: The Collected Works of James M. Buchanan. Liberty Fund, Indianapolis 1999, s. 34-35.

Identifiers

ISSN

2083-8611