The Collected Works of James M. Buchanan. Vol. 2 Public Principles of Public Debt

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Vol. 2 of The Collected Works. One of James M. Buchanan’s most important and influential books which is based on the then (1958) radical idea that the burden of debt is not borne by the current generation, but is shouldered in large part by generations still to come.

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The Collected Works of James M. Buchanan, vol. 2. Public Principles of Public Debt: A Defense and Restatement, Foreword by Geoffrey Brennan (Indianapolis: Liberty Fund, 1999).

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