How Real is the Federal Deficit?

Business & Finance, Economics
Cover of the book How Real is the Federal Deficit? by Robert Eisner, Free Press
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Author: Robert Eisner ISBN: 9781439138595
Publisher: Free Press Publication: May 11, 2010
Imprint: Free Press Language: English
Author: Robert Eisner
ISBN: 9781439138595
Publisher: Free Press
Publication: May 11, 2010
Imprint: Free Press
Language: English

Eisner argues that the federal deficit as currently measured is inaccurate and misleading. When inflation is properly accounted for, he points out, a dramatically different picture of the deficit occurs. In light of these new deficit figures, Eisner challenges current eco nomic theory and interpretations of our recent past. He finds that the deficit has not been as large as recently measured and that efforts to reduce the deficit may do more harm than good. This book will spark serious debate among economists and policymakers. The clarity of its arguments and strength of its evidence are convincing. Strongly recommended for academic and large public libraries. Richard C. Schim ing, Economics Dept., Mankato State Univ., Minn.
Copyright 1986 Reed Business Information, Inc.

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Eisner argues that the federal deficit as currently measured is inaccurate and misleading. When inflation is properly accounted for, he points out, a dramatically different picture of the deficit occurs. In light of these new deficit figures, Eisner challenges current eco nomic theory and interpretations of our recent past. He finds that the deficit has not been as large as recently measured and that efforts to reduce the deficit may do more harm than good. This book will spark serious debate among economists and policymakers. The clarity of its arguments and strength of its evidence are convincing. Strongly recommended for academic and large public libraries. Richard C. Schim ing, Economics Dept., Mankato State Univ., Minn.
Copyright 1986 Reed Business Information, Inc.

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