Richard E. Wagner

Wagner, Richard E.

  • Democracy in Deficit

    by James M. Buchanan and Richard E. Wagner

    Democracy in Deficit is one of the early comprehensive attempts to apply the basic principles of public-choice analysis to macroeconomic theory and policy. According to Robert D. Tollison in the foreword, “The central purpose of the book was to examine the simple precepts of Keynesian economics through the lens of public-choice theory. The basic discovery was that Keynesian economics had…

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