Abstract
[I]f [government] cannot raise its revenue in proportion to its expence, it ought, at least, accommodate its expence to its revenue. (Smith [1776] 1976: 946)
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Shughart, W.F. (2004). Budget Deficits. In: Rowley, C.K., Schneider, F. (eds) The Encyclopedia of Public Choice. Springer, Boston, MA. https://doi.org/10.1007/978-0-306-47828-4_44
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