Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  James Buchanan
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
EN
Keynesian theory, manifested among the others in financing of deficit spending provided an excuse to politicians to increase spending without raising taxes and thus to resign from the self-imposed discipline in the form of balanced budgets that existed be-fore this theory, a big advocate of which was also James Buchanan. The answer to the debt crisis in Europe are fiscal reforms. The adoption of the re-formed Stability and Growth Pact, together with fiscal treaty is aimed at long-lasting breaking with the practice of conducting an irresponsible fiscal policy and constitute an attempt to return to an unwritten balanced budget rule. The major aim of this article it to prove that the sovereign debt crisis is the final proof of the need to return to the concept of a balanced budget rule proposed, inter alia, by James Buchanan back in the 70’s of last century.
EN
One of the aims of this paper was to characterize liberal theories of rational choice which emerged in XX century, especially theory of public choice. It ought to be noticed that such a task was realized many times by many authors. Due to this fact the text is devoted mostly to review the positions presented by the leading representatives of the intellectual circle mentioned above. Especially the shortages of their philosophical anthropology were pointed out. Moreover, the critique of the linguistic dimension of the rational choice theory was proposed. It was also shown that their endeavours of grounding their works in a long lasting tradition is profoundly disputable.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.