Efficiency, Equality and Public Policy

Name: Efficiency, Equality and Public Policy
Brand: PALGRAVE MACMILLAN
SKU: 9780333671658
Price: 172.37 EUR
Availability: InStock

With A Case for Higher Public Spending

Автор: Yew-Kwang Ng

Език:

Корици: С твърди корици

Издател: PALGRAVE MACMILLAN

Наличност: Външен склад

Изпращаме след 9-15 дни

172.37 € 337.12 лв

This book provides a tremendous simplification in the formation of economic policies, in cost-benefi...

Информация за книгата

Автор

Yew-Kwang Ng

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2000

страници

189

EAN

9780333671658

ISBN

0333671651

Enbook ID

04597285

Издател

PALGRAVE MACMILLAN

Теглоt

405

Размери

140 x 216 x 216

Пълно описание

This book provides a tremendous simplification in the formation of economic policies, in cost-benefit analysis in particular. It advances compelling arguments for the exclusive concern of efficiency ('a dollar is a dollar') in all specific areas of public economic policy, leaving the objective of equality to be achieved through the general tax/transfer system. Interpersonal comparisons of welfares are needed for this latter efficiency/equality trade-off. Public policies should ultimately maximize the sum of individual welfares which should be individual happiness rather than preferences. Economists overestimate the costs of public spending by emphasizing the excess burden of taxation, ignoring the offsetting effects on the spending side, the existence of environmental disruption effects and burden-free taxes on diamond goods. Relative-income effects cause a bias in favour of private consumption which is no longer conducive to social happiness.

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Efficiency, Equality and Public Policy

With A Case for Higher Public Spending

Информация за книгата

Пълно описание

Може също да ви хареса

Клиенти, които купиха тази книга, купиха също