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Putting Trust in the U.S. Budget

Federal Trust Funds and the Politics of Commitment
BuchKartoniert, Paperback
246 Seiten
Englisch
Cambridge University Presserschienen am10.01.2011
In the United States many important programs, such as Social Security and Medicare, are paid from trust funds. This book provides a study of this feature of the American welfare state, and also raises a fundamental question of democratic politics: can current officeholders bind their successors?mehr
Verfügbare Formate
BuchKartoniert, Paperback
EUR30,90
BuchGebunden
EUR119,10

Produkt

KlappentextIn the United States many important programs, such as Social Security and Medicare, are paid from trust funds. This book provides a study of this feature of the American welfare state, and also raises a fundamental question of democratic politics: can current officeholders bind their successors?
Details
ISBN/GTIN978-0-521-77748-3
ProduktartBuch
EinbandartKartoniert, Paperback
Erscheinungsjahr2011
Erscheinungsdatum10.01.2011
Seiten246 Seiten
SpracheEnglisch
MasseBreite 152 mm, Höhe 229 mm, Dicke 15 mm
Gewicht405 g
Artikel-Nr.13558809

Inhalt/Kritik

Inhaltsverzeichnis
1. Introduction: trust funds and the politics of commitment; 2. Political transaction costs, feedback effects, and policy credibility; 3. Trust fund taxes vs general fund taxes; 4. Social security; 5. Medicare; 6. Highways; 7. Airports; 8. Superfund; 9. Barriers to trust fund adoption: the failed cases of energy security and lead abatement; 10. Conclusions: The structure and normative challenge of promise-keeping.mehr
Kritik
'This is a terrific book. For Patashnik, the world of trust funds is a window into the complex and fascinating politics of trust and commitment. He shows how policy-makers wrestle with the challenging task of balancing the need to keep promises and the need to keep their options open. Imaginative, theoretically-informed and thoroughly-researched, Putting Trust in the US Budget is enormously instructive for students of public policy and American politics.' Paul Pierson, Harvard University 'This is a significant contribution to the literature on American policy-making and public budgeting. Patashnik artfully weaves together political science, public finance, and knowledge of government programs in telling us what to expect from the government's trust funds. The use of theory is deft and wide-ranging yet unpretentious. The case studies of Social Security, Medicare and other trust funds are sophisticated and illuminating. I learned a great deal from this book.' Martha Derthick, University of Virginia 'One can only admire the author's ability to explain so much, so lucidly.' Journal of Economic Literaturemehr