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Budget theory information


Budget theory is the academic study of political and social motivations behind government and civil society budgeting. Classic theorists in Public Budgeting include Henry Adams, William F. Willoughby, V. O. Key, Jr., and, more recently, Aaron Wildavsky. Notable recent theorists include Frank R. Baumgartner, Bryan D. Jones, Richard Fenno, Allen Schick, Dennis Ippolito, Naomi Caiden, Irene Rubin, James D. Savage, Thomas Greitens, Gary Wamsley, and Usman W. Chohan. 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 in United States 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.

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Budget theory

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Budget theory is the academic study of political and social motivations behind government and civil society budgeting. Classic theorists in Public Budgeting...

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Dynamic energy budget theory

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The dynamic energy budget (DEB) theory is a formal metabolic theory which provides a single quantitative framework to dynamically describe the aspects...

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Balanced budget

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limited to) those associated with Modern Monetary Theory (MMT), downplay the need for balanced budgets among countries that have the power to issue their...

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Budget constraint

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current prices within his or her given income. Consumer theory uses the concepts of a budget constraint and a preference map as tools to examine the parameters...

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United States federal budget

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The United States budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities...

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Public budgeting

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need. Budget Budget process Budget theory Constitutional economics Political economy Smith, Robert W.; Lynch, Thomas Dexter (2004). Public Budgeting in America...

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Capital budgeting

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Capital budgeting in corporate finance, corporate planning and accounting is an area of capital management that concerns the planning process used to...

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Government budget

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A government budget or a budget is a projection of the government's revenues and expenditure for a particular period of time often referred to as a financial...

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Mass balance

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(comparing input and output, etc.). In biology, the dynamic energy budget theory for metabolic organisation makes explicit use of mass and energy balance...

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Budget process

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15499, 2009 Budget Economics Budget theory Political economy Constitutional economics public budgeting budget deficit budget surplus budget crisis Canadian...

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Budget set

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to go with based on the preferences from the budget set. Böhm, Volker; Haller, Hans (2017), "Demand Theory", The New Palgrave Dictionary of Economics,...

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Twin deficits hypothesis

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between a nation's government budget balance and its current account balance. Standard macroeconomic theory points to how a budget deficit can be a contributing...

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Life history theory

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woody plants Behavioral ecology Biological life cycle Dynamic energy budget theory for metabolic organisation Evolutionary developmental psychology Evolutionary...

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Government budget balance

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The government budget balance, also referred to as the general government balance, public budget balance, or public fiscal balance, is the difference...

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Theory

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theory — Galois theory — Game theory — Gauge theory — Graph theory — Group theory — Hodge theory — Homology theory — Homotopy theory — Ideal theory —...

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Ninja Theory

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the world", Ninja Theory had lofty goals for Heavenly Sword. With an estimated budget of $10 million to $20 million, Ninja Theory had a plan to develop...

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Calorimetry

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consumption this way, using multiple regression. The dynamic energy budget theory explains why this procedure is correct. Heat generated by living organisms...

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Russell Vought

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government official who was the director of the Office of Management and Budget from July 2020 to January 2021. He was previously deputy director of the...

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Modern monetary theory

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Modern monetary theory or modern money theory (MMT) is a heterodox macroeconomic theory that describes currency as a public monopoly and unemployment...

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Fiscal theory of the price level

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The fiscal theory of the price level is the idea that government fiscal policy, including debt and taxes present and future, is the primary determinant...

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Allen Schick

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known as an authority on budget theory and the federal budget process, in particular. His book, Congress and Money: Budgeting, Spending, and Taxing, won...

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Ludwig von Bertalanffy

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Friedrich Robert Pūtter (1879-1929), writing in 1920. The dynamic energy budget theory provides a mechanistic explanation of this model in the case of isomorphs...

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American Society for Public Administration

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public management and other public administration topics, such as budgeting and budget theory, government strategic planning, policy analysis, contract administration...

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Allometry

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to explain scaling within the context of dynamic energy budget theory and the metabolic theory of ecology. However, such ideas have been less successful...

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Microeconomics

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utility function would be differentiable. Microeconomic theory progresses by defining a competitive budget set which is a subset of the consumption set. It is...

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Utility

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budget allowance. The graph of budget line is a linear, downward-sloping line between X and Y axes. All the bundles of consumption under the budget line...

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Chemtrail conspiracy theory

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The chemtrail conspiracy theory /ˈkɛmtreɪl/ is the erroneous belief that long-lasting condensation trails left in the sky by high-flying aircraft are actually...

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