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Classics in the Theory of Public Finance (Hardcover, New Ed) Loot Price: R5,585
Discovery Miles 55 850
Classics in the Theory of Public Finance (Hardcover, New Ed): Richard A. Musgrave, Alan T Peacock

Classics in the Theory of Public Finance (Hardcover, New Ed)

Richard A. Musgrave, Alan T Peacock

Series: International Economic Association Series

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Loot Price R5,585 Discovery Miles 55 850 | Repayment Terms: R523 pm x 12*

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This book was prepared mainly for specialists on the assumption that it would provide the background to an important neglected field of discussion in public finance. Since it was first published in 1958, the theory of public goods and its implications for public policy have become incorporated in the main body of the economic analysis of public finance in the literature. A glance at the footnotes of some of the standard textbooks on public finance indicates that this assembly of articles has not been in vain. Probably the most influential part of this collection has been the papers concerned with the theory of public expenditure, which contains two closely related elements. The first is as a part of welfare economics: under what conditions can Pareto optimality be achieved in an economic system in which some goods supplied are indivisible? The other strand of thought is concerned with the positive theory of the public sector: how can economic analysis be used in order to explain how the size and composition of the budget is actually determined?

General

Imprint: Palgrave Macmillan
Country of origin: United Kingdom
Series: International Economic Association Series
Release date: June 1994
First published: 1958
Editors: Richard A. Musgrave • Alan T Peacock
Dimensions: 216 x 140 x 28mm (L x W x T)
Format: Hardcover
Pages: 244
Edition: New Ed
ISBN-13: 978-0-333-61355-9
Categories: Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance > General
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LSN: 0-333-61355-4
Barcode: 9780333613559

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