Fiscal Responsibility

FUNCTIONAL FINANCE AND THE FEDERAL DEBT A Part from the necessity of winning the war, there is no task facing society today that is as impo...

Government borrowing is near pointless Ralph S. Musgrave Abstract: The currently larger than normal national debts in numerous countries ma...

Functional Finance: What, Why, and How? by Stephanie Bell University of Missouri at Kansas City November 1999 In 1943, Abba Lerner wrote an...