Navigate the critical nexus of public debt and the common good. James Odom’s comprehensive study delves into the philosophical and institutional dimensions of fiscal imbalance, analyzing the root causes of government borrowing. By integrating classical perspectives with extensive quantitative research on state debt, the book illuminates how centralization and injustice can exacerbate fiscal challenges. This work is indispensable for Indian students, academics, and policy professionals in political philosophy, economics, and public administration seeking a nuanced understanding of fiscal policy’s societal impact.