The Dilemmas of Government Expenditure
26 February 1976
SUGGESTED

Monetary Policy
F. A. Hayek's classic paper on free banking
1 February 1976

Labour Market

Uncategorized
20 January 2026
Essays in politcal economy by economists and parliamentarians
The authors discuss the causes of and cures for excess expenditure and in so doing analyse a wide range of aspects of the subject from government machinery to the changes in policy and the philosophic value-judgements on which they must rest.
The expansion in expenditure has reflected far more than inadequate machinery of control, or fallacious philosophic thinking, or outdated political attitudes: it also reflects, perhaps even more fundamentally, the sheer imperative of using the patronage of some government to achieve, consolidate and buttress political power.
The expansion in expenditure has reflected far more than inadequate machinery of control, or fallacious philosophic thinking, or outdated political attitudes: it also reflects, perhaps even more fundamentally, the sheer imperative of using the patronage of some government to achieve, consolidate and buttress political power.



