Budget theory

Budget theory

Budget theory is the academic study of political and social motivations behind government and civil society budgeting. Classic theorists include Henry Adams, William F. Willoughby, V. O. Key, Jr., and, more recently, Aaron Wildavsky. Notable recent theorists include Baumgartner and Jones--Frank R. Baumgartner and Bryan D. Jones, Richard Fenno, Allen Schick, Dennis Ippolito, Naomi Caiden, Irene Rubin, James D. Savage, Thomas Greitens and Gary Wamsley. Budget theory was a central topic during the Progressive Era and was much discussed in municipal bureaus and other academic and quasi-academic facilities of that time such as the nascent Brookings Institution.

The executive budget was a financial innovation designed to empower city mayors and city managers with the capacity to implement needed policy reforms in the Progressive Era. Since that time, the executive budget has become a tool by which the president of the United States has been able to substantively shape policy and draw power to the president from Congress, which was originally charged with "holding the purse"(and still is constitutionally, as there is no federal-legislative authority to change the constitution outside the amendment process or for congress to legislate away their authority). This has resulted in an ever increasing role and power base for what is now called the Office of Management and Budget.

In many respects, the budget process has become theatrical and artificial even while it remains highly politicized.

ee also

* budget deficit
* budget surplus
* budget crisis
* Canadian federal budget
* Comprehensive income
* Corporate finance
* Crony capitalism
* Form 10-K
* Federal Accountability Act(Canada)
* Government Accountability Office
* Government Accountability Office investigations of the Department of Defense
* Government financial reports
* Government-owned corporation
* public administration
* public finance
* United States budget process

References

*Henry C. Adams. The Theory of Public Expenditures (1985), American Economic Association.
*John R. Bartle. Evolving Theories of Public Budgeting (2001), JAI Press.
*Aman Khan, W. Bartley Hildreth. Budget Theory in the Public Sector (2002), Quorum BooksAman Khan, W. Bartley Hildreth.
*Frank R. Baumgartner, Bryan D. Jones, A Model of Choice for Public Policy (2005)


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Budget — For the rental car company, see Budget Rent a Car. For the car insurance company Budget, see Budget Group of Companies. A budget (from old French bougette, purse) is a financial plan and a list of all planned expenses and revenues. It is a plan… …   Wikipedia

  • Budget Day — is the day that a government presents its Budget to a legislature for approval. It only exists in some countries of the world. In particular, the United States does not have a Budget Day. [cite book|title=The World s Work ...: A History of Our… …   Wikipedia

  • Budget-maximizing model — is an influential new stream of public choice theory and rational choice analysis in public administration inaugurated by William Niskanen, in 1971. It argued that rational bureaucrats will always and everywhere seek to increase their budgets in… …   Wikipedia

  • Budget de la Défense — Cet article traite du budget du secteur économique de la Défense et des dépenses militaires. Sommaire 1 Définitions variables 2 Dépenses de défense en 1897 des grandes puissances 3 Dépense …   Wikipédia en Français

  • Budget of the European Union — European Union This article is part of the series: Politics and government of the European Union …   Wikipedia

  • Theory of the firm — The theory of the firm consists of a number of economic theories that describe the nature of the firm, company, or corporation, including its existence, behavior, structure, and relationship to the market.[1] Contents 1 Overview 2 Background …   Wikipedia

  • Budget constraint — A Budget constraint represents the combinations of goods and services that a consumer can purchase given current prices and his income. Consumer theory uses the concepts of a budget constraint and a preference map to analyze consumer choices.… …   Wikipedia

  • budget maximisation theory — biudžeto maksimizavimo teorija statusas T sritis Politika apibrėžtis Teorija, kuria siekiama paaiškinti valstybės išlaidų ir teikiamų paslaugų masto didėjimą. Pasak teorijos, sukurtos W. A. Niskaneno, racionalūs biurokratai maksimaliai didina… …   Politikos mokslų enciklopedinis žodynas

  • Dynamic energy budget — The Dynamic Energy Budget (DEB) theory aims to identify simple quantitative rules for the organization of metabolism of individual organisms that can be understood from basic first principles. The word dynamic refers to the life cycle perspective …   Wikipedia

  • Consumer theory — is a theory of microeconomics that relates preferences to consumer demand curves. The link between personal preferences, consumption, and the demand curve is one of the most complex relations in economics. Implicitly, economists assume that… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”