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Gladstonian fiscal conservatism News
Sanjaya Baru: Finmin: Return of the Gladstonians
The global financial crisis has empowered fiscal conservatives in India. Once upon a time, long, long ago, there was a finance ministry that liked to keep its Budgets balanced. Balanced Budgets and low inflation were virtues that prudent civil servants held high. They were the children of, what economists Vijay Joshi and IMD Little famously dubbed, Gladstonian fiscal conservatism. * Into that idyllic
The global financial crisis has empowered fiscal conservatives in India. Once upon a time, long, long ago, there was a finance ministry that liked to keep its Budgets balanced. Balanced Budgets and low inflation were virtues that prudent civil servants held high. They were the children of, what economists Vijay Joshi and IMD Little famously dubbed, Gladstonian fiscal conservatism. * Into that idyllic
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