This text proposes that we scrap the arbitrary concept of a national deficit and replace it with a system of generational accounting that will enable citizens to see who actually pays - and when - for today's expenditures. By forcing politicians and citizens to talk today about what we will have to do tomorrow, generational accounting can help us plan for the future with greater moral clarity than was possible before.
"synopsis" may belong to another edition of this title.
This book makes the radical argument that the government's budget deficit--the cornerstone of conventional economic policy analysis and management--is a number devoid of economic content and that its use has repeatedly led us astray.About the Author:
Laurence J. Kotlikoff is a professor of economics at Boston University, a fellow of the American Academy of Arts and Sciences, and president of Economic Security Planning, Inc., which produces the acclaimed ESPlanner personal financial-planning software. Professor Kotlikoff earned his Ph.D. in economics at Harvard. Before joining BU, he served on the faculties of UCLA and Yale and with the president's Council of Economic Advisers. He consults for governments, international organizations, and corporations and is the author or coauthor of twelve previous books. Professor Kotlikoff's articles on personal finance and economics appear routinely in the nation's top papers and magazines. His company website is www.esplanner.com.
"About this title" may belong to another edition of this title.
Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97800291846391.0
Book Description Free Press, 1992. Hardcover. Book Condition: New. Bookseller Inventory # P110029184630
Book Description Free Press. Hardcover. Book Condition: New. 0029184630. Bookseller Inventory # CM-NHAU-7IHN
Book Description Free Press, 1992. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0029184630