Edwin Seligman's lectures on public finance, 1927-1928 / Luca Fiorito, Marianne Johnson, Warren J. Samuels -- General considerations / History of public credit -- Finance and the science of finance : public finance and fiscal science -- History of the budget -- Historical development of public...

There have been attempts to resurrect the fiscal theory of the price revel (FTPL). The original FTPL rests on a fundamental compounded fallacy: confusing the intertemporal budget constraint (IBC) of the State, holding with equality and with sovereign bonds priced at their contractual values,...