Contrasting architectonics for a theory of public finance -- Property, state and public finance -- State and market : a two-forum societal architecture -- Political entrepreneurship within the ecology of enterprises -- The economic organization of political enterprises -- Revenue extraction :...

Contents: 1. Macroeconomics, fiscal policy, and public debt: conflating myth and reality -- 2. Political economy and the supply of macro guidance -- 3. Engines, ecologies, and economic systems -- 4. Budgeting and public debt within a system of cooperative democracy -- 5. Public debt within...

Contents: Preface -- Part I: Public debt and individual rationality -- 1. De Viti de Marco vs. Ricardo on public debt: self-extinction or default? / Giuseppe Eusepi and Richard E. Wagner -- 2. Governing the market for sovereign bailouts / Karsten Mause -- 3. Political obligations: is debt...