Friday, January 4, 2013
The fiscal crisis of the state
Listening just now, on the radio version of the PBS NewsHour, to Shields and Brooks bemoaning the country's inability and/or unwillingness to make difficult choices on spending and taxes, I was reminded that a leftist scholar named James O'Connor wrote a book many years ago called The Fiscal Crisis of the State. Never read it; one of the many things I probably should have read and never did. First published in 1973, the book was reissued in 2001, according to a glance at Amazon, by Transaction (a publisher not at all known for leftism but known for reissuing important works of social science).