Balanced Budgets, Fiscal Responsibility, and The Constitution: (Cato Public Policy Research Monograph No. 1)

· Cato public policy research monograph Book 1 · Cato Institute
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In this monograph, Professors Wagner and Tollison examine the important question of whether the United States should adopt a constitutional amendment requiring the government to balance its budget. Arguing that the government should be explicit and responsible about how much it spends and how it spends it, they determine that the balanced budget idea is fiscally sound and democratically necessary.

In this monograph, Professors Wagner and Tollison examine the important question of whether the United States should adopt a constitutional amendment requiring the government to balance its budget. Arguing that the government should be explicit and responsible about how much it spends and how it ...

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About the author

Richard E. Wagner is the Harris Professor of Economics at George Mason University.

Robert D. Tollison, Professor of Economics and BB&T Senior Fellow, is one of the world’s foremost scholars in the field of public choice. He is an editor of the journal Public Choice and serves on the editorial boards of Constitutional Political Economy and the Journal of Sports Economics and the advisory board of the Encyclopedia of Public Choice. Professor Tollison, who received his Ph.D. from the University of Virginia in 1969, is the author or co-author of eleven books, over 100 articles in books, and over 200 articles in scholarly journals.

Richard E. Wagner is the Harris Professor of Economics at George Mason University. Robert D. Tollison, Professor of Economics and BB&T Senior Fellow, is one of the world’s foremost scholars in the field of public choice. He is an editor of the journal Public Choice and serves on the editorial boa...

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