Public Finance in Theory and Practice

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Public finance in theory and practice

Business & Money

Musgrave, Richard Abel

Economics

McGraw=Hill

Public Finance is the term which has traditionally been applied to the package of those policy problems which involve the use of tax and expenditure measures. It is not a good term, since the basic problems are not financial but deal with the use of resources, the distribution of income, and the level of employment.

Public Finance in Theory and Practice (5th Edition)

Muscrave, Peggy B.

Mcgraw-Hill College

In this volume, based on a week-long symposium at the University of Munich's Center for Economic Studies, two leading scholars of governmental economics debate their divergent perspectives on the role of government and its fiscal functions. James M. Buchanan, who was influential in developing the research program in public choice, concentrates on the imperfections of the political process and stresses the need for rules to restrain governmental interference. Richard A. Musgrave, a founder of modern public finance, points to market failures and inequities that call for corrective public policies. They apply their differing economic and political philosophies to a variety of key issues. Each presentation is followed by a response and general discussion.

Public Finance and Public Choice: Two Contrasting Visions of the State (CESifo Book Series)

Buchanan, James M.

Mit Pr

Strengthening the Progressive Income Tax: The Responsible Answer to America's Budget Problem

Public Interest Pubn

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Books by Musgrave, Richard Abel