$26 trillion and rising. This book explores the U.S. debt crisis from a public choice perspective, and proposes new fiscal rules and institutional changes to address the crisis.
JOHN MERRIFIELD is professor emeritus of economics at the University of Texas at San Antonio. He co-edits the Non- Partisan Education Review and is the president of the nascent Institute for Objective Policy Assessment (www.objectivepolicyassessment.org). He earned a PhD in economics from the University of Wyoming in 1984. Professor Merrifield has authored 5 books, co-edited 3 more, and published 56 peer-reviewed journal articles and has written multiple chapters in edited volumes concerning topics as wide-ranging as education economics, urban and regional economics, environmental and natural resource economics, and public finance.
BARRY POULSON is professor emeritus at the University of Colorado Boulder and a visiting professor at several universities, including the University of North Carolina; Cambridge University; and Universidad Carlos Tercera, Madrid, Spain. His main area of expertise is economic development and economic history. His current focus is on fiscal policies and fiscal constitutions. He was the vice chair of the State Treasurer's Advisory Group on Constitutional Amendments in Colorado. Professor Poulson is an adjunct scholar of the Heritage Foundation and senior fellow of the Independence Institute.
