Public Finance in Democratic Process: Fiscal Institutions and Individual Choice
A monumental work that outlines the dynamics of individual choice as it is displayed in the process of public finance. Buchanan is perhaps nowhere more clearly a disciple of the great Swedish economist Knut Wicksell than he is in the underlying principles of this seminal work. Specifically, he elaborates on these three central Wicksellian themes: analysis of market failure in the provision of public goods; the insistence on conceiving policy decisions as the outcome of political processes; and, the necessity of treating the tax and expense sides of the budget as interconnected. Echoing Wicksell's antipathy to the 'benevolent despot' model of…
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Produktdetails
- ISBN: 978-0-86597-220-9
- EAN: 9780865972209
- Produktnummer: 6879966
- Verlag: Liberty Fund Inc
- Sprache: Englisch
- Erscheinungsjahr: 1999
- Seitenangabe: 310 S.
- Masse: H22.7 cm x B15.6 cm x D2.5 cm 509 g
- Auflage: Volume 4
- Reihenbandnummer: 04
- Gewicht: 509
- Sonstiges: Ab 18 - 10 J.
Über den Autor
James M Buchanan is an eminent economist who won the Nobel Prize for Economics in 1986.
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