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Overview
In Modern Public Finance, senior scholars in the field review and synthesize recent theoretical developments in important areas—optimal taxation, public sector dynamics, distribution theory, and club theory, to name a few—which challenge us to understand and improve public policy. Each chapter highlights original research by a recognized leader in the field, relates this work to cumulative developments, and frames important questions for further study.
Synopsis
In Modern Public Finance, senior scholars in the field review and synthesize recent theoretical developments in important areasoptimal taxation, public sector dynamics, distribution theory, and club theory, to name a fewwhich challenge us to understand and improve public policy. Each chapter highlights original research by a recognized leader in the field, relates this work to cumulative developments, and frames important questions for further study.
Booknews
Ten contributions survey the outstanding issues in public finance, reporting recent advances in the application of economic principles to taxation and public expenditure, and also drawing attention to fertile areas for future research. Arrangement is in sections on distribution, stabilization, dynamics; public goods, federalism; tax policy; and optimal taxation and extensions. Annotation c. Book News, Inc., Portland, OR (booknews.com)