Political economy and public finance the role of political economy in the theory and practice of public economics
pt. 1. Does public finance need political economy? -- pt. 2. Should collective choice play a role in the standard of reference used in nomative public finance? -- pt. 3. What is a 'failure' in a non-market or policy process? -- pt. 4. What have we learned about the theory and practice of p...
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| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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Cheltenham, U.K
Edward Elgar
2002
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| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
| Summary: | pt. 1. Does public finance need political economy? -- pt. 2. Should collective choice play a role in the standard of reference used in nomative public finance? -- pt. 3. What is a 'failure' in a non-market or policy process? -- pt. 4. What have we learned about the theory and practice of public finance from three decades of empirical research on public choice? -- pt. 5. A practitioner's view of the political economy of redistribution -- pt. 6. Where do we go from here? There is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to contribute to a meaningful dialogue between these two groups, in the belief that the future of both political economy and of normative public finance lies somewhere between the two approaches. Some of the specific questions addressed in the book include: does public finance need political economy? Should collective choice play a role in the standard of reference used in normative public finance? What is a "failure" in a non-market or policy process? And what have we learned about the theory and practice of public finance from three decades of empirical research on public choice? The book also provides a practitioner's view of the political economy of redistribution |
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| Physical Description: | xii, 242 p ill |
| ISBN: | 9781843760733 1843760738 9781843761181 1843761181 9781843767527 |