000 01637nam a22001697a 4500
999 _c345019
_d345019
003 0
005 20220601164828.0
020 _a9781316501801
082 _a336
_bHIL
100 _aHillman L. Arye
245 _aPublic finance and public policy:
_ba political economy perspective on the reponsibilities and limitations of government
250 _aThird Edition
260 _aCambridge
_bCambridge University Press
_c2019
300 _a642 p.
520 _aThis 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.
942 _cB