On the Limits of the Public Economy
Bibliographic Data
| ID | 9768833 |
|---|---|
| Authors | David R Cameron (0000-0003-3700-5625), David Cameron (0000-0002-1172-478X, corresponding author) |
| Year | 1982 |
| Volume | 459 |
| Issue | 1 |
| Pages | 46-62 |
| Publication date | 1982-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Annals of the American Academy of Political and Social Science (JOURNAL) |
| Journal identifiers | ISSN: 0002-7162 • E-ISSN: 1552-3349 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/0002716282459001004 |
| OpenAlex | W2153248849 |
| Language | EN |
| Citations received | 37 |
| References cited | 12 |
This article examines the validity of the assertion that low growth, high unemployment, and increasing inflation were all produced by excessively high levels and large increases in public spending. The article presents a systematic analysis of the relationships among 19 nations between increases in spending and lower rates of economic growth, higher unemployment, increases in deficits, and inflation. The article concludes that, contrary to the conventional macroeconomic wisdom, high levels of spending and large increases in spending have not caused stagflation—the obvious implication therefore being that fiscal conservatism will have little beneficial effect on the economy. And the article concludes that, again contrary to conventional wisdom, a large and expanding welfare state may be compatible with, and beneficial to, a capitalist economy
Assertion · Economics · Fiscal policy · Inflation (cosmology · Keynesian economics · Macroeconomics · Monetary economics · Public spending · Stagflation · Unemployment · Welfare state · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Social Policy and Reform Studies
Political Legitimacy and Consensus
Higher education in a world market
Choosing an Identity
Re-Modeling Sweden
Understanding the welfare state
Left‐right political scales
Trade-Offs in Public Finance
Comparative Public Policy at the Crossroads
Corporatism and the ‘privileged position’ of business
Economic Growth Strategies
Government, special interest groups, and economic growth
Privatization in developing countries
A new framework for testing the effect of government spending on growth and productivity
Inflation drag or taxation in drag
The Politics of Investment By the Nationalized Sector
The Scope of Government and Economic Growth
On the Political Economy of Welfare Expansion
Business Political Power
The Determinants of Western European Government Growth 1950-1980
The Politics of Economic Growth in the Industrial Democracies, 1974-80
The Politics of Growth
Authority and Association
The Politics of Growth Reconsidered
Substitutability and the Politics of Macroeconomic Policy
The Study of Crises in Liberal Democracies
The Effects On Public Policy of Center-Local Relocations
Theoretical Approaches to Social Democracy
Left–Right Political Scales
The Welfare State and the Economy in Periods of Economic Crisis
Equality and efficiency
The role of ‘the resources of the power hypothesis’ in explaining the Spanish welfare state between 1975–1995
Labour movement organization and political intervention
Politics, Policies and Consequences
Economic Crisis and Political Management
The economic consequences of economists
The Impact of Taxes on Growth and Distribution in Developed Capitalist Countries
Class Compromises in Industrial Democracies
Liberal Corporatism and Party Government
Comparative political studies
The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957 1
The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957
Why The Government Budget Is Too Small in a Democracy
The Politics of Economic Decline
Conclusion
The Changing Swedish Electorate
Recent Theorizations of Corporatism
The Expansion of the Public Economy
Political Parties and Macroeconomic Policy
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| Unique citing works | 37 |
|---|---|
| Citations per year | 0,86 |
| Citation span | 1983 - 2016 (34) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 37 |