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Efficiency, Equality and Public Policy - With A Case for Higher Public Spending (Hardcover) Loot Price: R4,563
Discovery Miles 45 630
Efficiency, Equality and Public Policy - With A Case for Higher Public Spending (Hardcover): Y. Ng

Efficiency, Equality and Public Policy - With A Case for Higher Public Spending (Hardcover)

Y. Ng

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Loot Price R4,563 Discovery Miles 45 630 | Repayment Terms: R428 pm x 12*

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This book provides compelling arguments for the exclusive concern with efficiency ('a dollar is a dollar') in all specific areas of public economic policy, leaving the objective of equality to be achieved through the general tax/transfer system. Public policies should ultimately maximize the sum of individual welfares which should be individual happiness rather than preferences. Relative-income and environmental disruption effects cause a bias in favour of private spending which is no longer conducive to happiness socially. Welfare can be increased more by higher public spending on research and environmental protection, including the perfection of the techniques of brain stimulation to increase happiness.

General

Imprint: Palgrave Macmillan
Country of origin: United Kingdom
Release date: April 2000
First published: 2000
Authors: Y. Ng
Dimensions: 216 x 140 x 11mm (L x W x T)
Format: Hardcover
Pages: 189
ISBN-13: 978-0-333-67165-8
Categories: Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance > General
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LSN: 0-333-67165-1
Barcode: 9780333671658

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