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Books > Business & Economics > Finance & accounting > Finance > Public finance
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Federalist Government in Principle and Practice (Paperback, Softcover reprint of the original 1st ed. 2001)
Loot Price: R2,965
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Federalist Government in Principle and Practice (Paperback, Softcover reprint of the original 1st ed. 2001)
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Federalism has generally been characterized as a system of
government that is friendly to liberty. It is not obvious, though,
why this should be so. Federalism is a form of government where
citizens simultaneously reside in at least two governments, each of
which has independent authority to tax and to regulate. By
contrast, in a unitary form of government citizens face only one
government with independent authority to tax and regulate. At first
glance, it would seem a bit strange to claim that liberty is more
secure when citizens are members of two governments with
independent authority than when they are members of only one such
government. The relationship between federalism and liberty turns
out to be a complex one, and one that is capable of working in
either direction. Whether federalism supports or erodes liberty
depends on importantly on the institutional framework within which
federalist governance takes place. The essays in Federalist
Government in Principle and Practice examine this institutionalist
theme from both theoretical and practical perspectives.
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