Plus get free shipping on qualifying orders $25+. A key figure behind the Massachusetts and Obama healthcare reforms tells us about the purpose and uses of public finance economics, and explains how Romneycare and Obamacare are both different and alike.įind Public Finance Textbooks at up to 90% off. The best books on Public Finance recommended by Jonathan Gruber. The book is divided into three : Paperback. It is unique in its presentation of a worldwide perspective and in its treatment of both the instruments of public finance and the goals, effects, and criteria of public finance measures.
The 10th edition of PUBLIC FINANCE, International Edition thoroughly illustrates the role government plays in the economy and explains how and why the public sector makes decisions/5(10).īooks shelved as public-finance: Public Public finance book in Theory and Practice by Richard Abel Musgrave, Public Finance by R.K.
Rosen introduces readers to the latest research in Public Finance. For the most part, the macroeconomic functions of government-the use of taxing, spending, and monetary policies to affect the overall level of unemployment and the price level-are covered in other fields.Includes bibliographical references (p. Modern public finance focuses on the microeconomic functions of government, how the government does and should affect the allocation of resources and the distribution of income. Positive analysis deals with issues of cause and effect, for example, “If the government cuts the tax rate on gasoline, what will be the effect on gasoline consumption?” Normative analysis deals with ethical issues, for example, “Is it fairer to tax income or consumption?” Public finance encompasses both positive and normative analysis. For this reason, some practitioners prefer the label public sector economics or simply public economics. Rather, the key problems relate to the use of real resources. The term is something of a misnomer, because the fundamental issues are not financial (that is, relating to money). Public Finance is the branch of economics that studies the taxing and spending activities of government.