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The paper examines the concept of binding deficits within the context of fiscal constitutions and their evolutionary implications.

June 11, 2026Open Access

Mises's Fatal Flaw: Binding Deficits and the Memetic Evolution of Fiscal Constitutions

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The paper examines the concept of binding deficits within the context of fiscal constitutions and their evolutionary implications.
Archived working paper from SSRN
Analysis of the relationship between binding deficits and fiscal frameworks
Review of memetic evolution in political economy
Identification of critical flaws in Mises's arguments regarding fiscal policy
Discussion on how binding deficits influence fiscal constitution effectiveness
Implications for the evolution of fiscal policy frameworks

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Archived working paper discusses binding deficits and their impact on fiscal constitutions, suggesting implications for policy frameworks.

Ignacio Adrián LERER (2026) studied this question.

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Archived working paper discusses binding deficits and their impact on fiscal constitutions, suggesting implications for policy frameworks.