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Mit Pr

Public Finance and Public Choice: Two Contrasting Visions of the State

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Title: Public Finance and Public Choice: Two Contrasting Visions of the State
Author: James M Buchanan
ISBN: 9780262024624
Publisher: Mit Pr
Published: 1999
Binding: Hardcover
Language: English
Condition: Used: Near Fine
Excellent, unmarked copy with little wear and tight binding. We ship in recyclable American-made mailers. 100% money-back guarantee on all orders.

Q 1615889

Publisher Description:

In this volume, based on a week-long symposium at the University of Munich's Center for Economic Studies, two leading scholars of governmental economics debate their divergent perspectives on the role of government and its fiscal functions. James M. Buchanan, who was influential in developing the research program in public choice, concentrates on the imperfections of the political process and stresses the need for rules to restrain governmental interference. Richard A. Musgrave, a founder of modern public finance, points to market failures and inequities that call for corrective public policies. They apply their differing economic and political philosophies to a variety of key issues. Each presentation is followed by a response and general discussion.