Public Finance and Public Policy

A Political Economy Perspective on the Responsibilities and Limitations of Government

Business & Finance, Economics, Public Finance, Finance & Investing, Finance
Cover of the book Public Finance and Public Policy by Arye L. Hillman, Cambridge University Press
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Author: Arye L. Hillman ISBN: 9781108667739
Publisher: Cambridge University Press Publication: November 30, 2018
Imprint: Cambridge University Press Language: English
Author: Arye L. Hillman
ISBN: 9781108667739
Publisher: Cambridge University Press
Publication: November 30, 2018
Imprint: Cambridge University Press
Language: English

This new edition restructures and updates the political economy view of the responsibilities and limitations of government. Public-choice and behavioural concepts are prominent. Gender issues are included. Technical concepts are explained from first principles. Economic theory is rigorously applied. Excessive technicality is avoided. The book integrates traditional public finance topics - taxation, public goods, externalities, and income redistribution - with political self-interest, bureaucracy, voting, rent seeking, corruption, and the common-pool problem of public spending. Social justice is viewed as income equality, equality of opportunity, or the right to benefit from one's own effort. Public policies studied include the environment, education, health insurance, welfare payments and entitlements under moral hazard, unemployment insurance, paternalistic impositions, and defence and public safety. This book is ideal for advanced undergraduate and graduate courses that combine economic theory with a real-world perspective on the politics of public finance and public policy. A broad scope makes the book suitable for students in all countries.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This new edition restructures and updates the political economy view of the responsibilities and limitations of government. Public-choice and behavioural concepts are prominent. Gender issues are included. Technical concepts are explained from first principles. Economic theory is rigorously applied. Excessive technicality is avoided. The book integrates traditional public finance topics - taxation, public goods, externalities, and income redistribution - with political self-interest, bureaucracy, voting, rent seeking, corruption, and the common-pool problem of public spending. Social justice is viewed as income equality, equality of opportunity, or the right to benefit from one's own effort. Public policies studied include the environment, education, health insurance, welfare payments and entitlements under moral hazard, unemployment insurance, paternalistic impositions, and defence and public safety. This book is ideal for advanced undergraduate and graduate courses that combine economic theory with a real-world perspective on the politics of public finance and public policy. A broad scope makes the book suitable for students in all countries.

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