Classical Economics, Public Expenditure and Growth - Economists of the Twentieth Century Series (Hardback)W.A. Eltis
Hardback Published: 04/05/1993
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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.
Publisher: Edward Elgar Publishing Ltd