Publication detail

Mejstrik, M., The ignorance and arrogance in fiscal policy

Author(s): prof. Ing. Michal Mejstřík CSc.,
Type: Others
Year: 2010
Number: 0
ISSN / ISBN:
Published in: MFDnes 6.1.2010
Publishing place: Praha
Keywords: fiscal policy, public finance
JEL codes:
Suggested Citation: M.Mejstřík, O ránu si koledujeme sami, MfDnes 6.1.2010
Grants: IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development
Abstract: Historical evidence e.g. by Carmen Reinhart and Kenneth Rogoff suggest that the (oveproportionate) rate of indebtedness is dangerous for state bankruptcy. The level of indebtedness whatever low "only" indicates the reserve debt capacity. Both the ignorance and arrogance of knowledge is dangerous.
Downloadable: MfDnes
TextPDF

Partners

Deloitte

Sponsors

CRIF
McKinsey
Patria Finance