Fiscal responsibility in constitutional democracy

  • James M. Buchanan
  • Richard E. Wagner

Part of the Studies in Public Choice book series (SIPC, volume 1)

Table of contents

  1. Front Matter
    Pages I-X
  2. William Breit, Donald F. Gordon, E. G. West
    Pages 9-33
  3. Herbert Stein, Armen A. Alchian, Colin D. Campbell
    Pages 35-58
  4. Abba P. Lerner, Gordon Tullock, Melville J. Ulmer
    Pages 59-77
  5. James M. Buchanan, Richard E. Wagner, William H. Meckling, Mancur Olson
    Pages 79-117
  6. Jesse Burkhead, Charles Knerr, C. Lowell Harriss, Warren J. Samuels
    Pages 119-155
  7. William A. Niskanen, Martin Bronfenbrenner, Robert D. Tollison
    Pages 157-180

About this book


This volume contains the papers, along with the discussant's re­ marks, presented at a conference on 'Federal Fiscal Responsibility', held at The Homestead, Hot Springs, Virginia, on 26-27 March 1976. Additionally, we, the editors, have included an introductory essay which sets forth some of our background thoughts that in­ formed our organization of the conference and which also de­ scribes some of our reactions to the conference. This conference was sponsored by the Liberty Fund, Inc. of Indianapolis, Indiana, which incorporated this conference into its overall program directed toward the study of the ideals of a free society of responsible individuals. Related to this effort, the Liberty Fund also assisted in supporting research on Democracy in Deficit: The Political Legacy of Lord Keynes, by James M. Buchanan and Richard E. Wagner (New York: Academic Press, 1977). Both Democracy in Deficit and the conference were de­ signed to examine one important aspect of the Liberty Fund's general set of concerns, namely the' way in which political con­ siderations influence the macroeconomic aspects of budgetary policy, thereby, in turn, influencing the future of American liberty and prosperity. We are most grateful to the Liberty Fund for their efforts, and we are pleased that Enid Goodrich, William Fletcher, Neil McLeod, and Helen Schultz of the Liberty Fund were able to attend the conference.


Keynes Leviathan Policy democracy macroeconomics organization organizations research sets

Authors and affiliations

  • James M. Buchanan
    • 1
  • Richard E. Wagner
    • 1
  1. 1.Virginia Polytechnical Institute and State UniversityUSA

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag US 1978
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4684-7127-4
  • Online ISBN 978-1-4684-7125-0
  • Series Print ISSN 0924-4700
  • Buy this book on publisher's site
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