The global financial crisis and economic recession spurred governments to boost fiscal expenditures to stimulate economic growth and to provide capital injectio

This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budge

A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economi

Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy consideratio