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

Buchanan, James M.; Musgrave, Richard A.; Fuest, Clemens

Hardcover

ISBN 10: 0262024624 ISBN 13: 9780262024624

Publisher: MIT Press, 1999

Synopsis

[ Public Finance and Public Choice: Two Contrasting Visions of the State CESifo Seminar By ( Author ) Oct-1999 Hardcover

About this title

Review:

" Two towering pillars of 20th century public economics examine the deep foundations of their own thought and their common subject. Who could resist the chance to eavesdrop on their reflections? Certainly not anyone who cares about the role of government in modern society." -- Robert M. Solow, Institute Professor Emeritus, MIT

& quot; Two towering pillars of 20th century public economics examine the deep foundations of their own thought and their common subject. Who could resist the chance to eavesdrop on their reflections? Certainly not anyone who cares about the role of government in modern society.& quot; -- Robert M. Solow, Institute Professor Emeritus, MIT

"Two towering pillars of 20th century public economics examine the deep foundations of their own thought and their common subject. Who could resist the chance to eavesdrop on their reflections? Certainly not anyone who cares about the role of government in modern society."--Robert M. Solow, Institute Professor Emeritus, MIT

Synopsis:

In this volume, based on a week-long symposium at the University of Munich's Centre 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 programme 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.

About this edition

• Publisher: MIT Press
• Publication date: 1999
• ISBN 10: 0262024624
• ISBN 13: 9780262024624
• Binding: Hardcover
• Number of pages: 284