000 01893 a2200253 4500
003 OSt
005 20240129154734.0
008 190923b xxu||||| |||| 00| 0 eng d
020 _a9781316501801
040 _cIIT Kanpur
041 _aeng
082 _a336
_bH558p3
100 _aHillman, Arye L.
245 _aPublic finance and public policy [3rd ed.]
_bpolitical economy perspective on the responsibilities and limitations of government
_cArye L. Hillman
250 _a3rd ed.
260 _bCambridge University Press
_c2019
_aNew York
300 _axiii, 642p
505 _a
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.
650 _aFinance, Public
650 _aPolitical planning
_aEconomic policy
653 _aTaxation
942 _cBK
999 _c560765
_d560765