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The Dilemmas of Government Expenditure


SUGGESTED ARTICLES

Monetary Policy

F. A. Hayek's classic paper on free banking

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The relationship between the money supply and inflation

Essays in politcal economy by economists and parliamentarians

https://iea.org.uk/wp-content/uploads/2016/07/Dilemmas of Government Expenditure.pdf
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in expenditure has reflected far more than inadequate machinery of control, or fallacious philosophic thinking, or outdated political attitudes: it also reflects, perhaps even more fundamentally, the sheer imperative of using the patronage of some government to achieve, consolidate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.

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