THE BURDEN OF THE DEBT AND FUTURE GENERATIONS IN LOCAL FINANCE
THE BURDEN OF THE DEBT AND FUTURE GENERATIONS IN LOCAL FINANCE
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地方金融的债务负担和子孙后代
DOI：
10.2307/1056807
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发表时间：
1969
影响因子：
1.9
通讯作者：
A. Introduction
中科院分区：
文献类型：
--
作者：
George G. Daly;A. Introduction
在最近的过去，就公共债务的负担、它的存在及其性质进行了许多有时是激烈的对话。尽管争端各方的分析和结论明显不同，但在已发表的著作中存在某些广泛的相似之处。特别是，几乎所有这些著作都明确地关注内部债务，即在同一会计实体内欠下和拥有的债务，即美国公民持有的那部分联邦债务。事实上，传统的“反负担”论点正是基于联邦债务的内部性质。美国政府发行的债务中有很大一部分不是国内发行的。具体地说，市政当局、学区以及（在较小程度上）各州发行的大量且不断增长的债务，主要由不在美国境内居住的个人持有
In the recent past numerous and sometimes heated dialogues have taken place regarding the burden of public debt, its existence and its nature. Despite the apparent diversity among the analyses and conclusions of the parties to the dispute, certain broad similarities exist among the published writings. In particular, almost all of these works have been explicitly concerned with internal debt, debt which is both owed and owned within the same accounting entity, i.e., the portion of the federal debt held by citizens of the United States.1 Indeed, the traditional "anti-burden" arguments rest precisely on the internal nature of the federal debt. A large proportion of governmentally issued debt in the United States is not internal. Specifically, the large and growing quantities of debt issued by municipalities, school districts and, to a lesser extent, states is held primarily by individuals who do not reside within the boundaries of the