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CESifo Book Series: Public Finance and Public Choice

Two Contrasting Visions of the State

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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.

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CESifo Book Series: Public Finance and Public Choice, James M. Buchanan, Richard Musgrave, Clemens Fuest

Language
Released
1999
product-detail.submit-box.info.binding
(Hardcover),
Book condition
Very Good
Price
€89.99

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Title
CESifo Book Series: Public Finance and Public Choice
Subtitle
Two Contrasting Visions of the State
Language
English
Publisher
The MIT Press
Released
1999
Format
Hardcover
Pages
282
ISBN10
0262024624
ISBN13
9780262024624
Series
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.