The economics of government : complexity and the practice of public finance / Vito Tanzi.

Format:

Book

Author/Creator:

Tanzi, Vito, author.

Series:

Oxford scholarship online.

Oxford scholarship online

Language:

English

Subjects (All):

Finance, Public.

Physical Description:

1 online resource (228 pages)

Edition:

First edition.

Place of Publication:

Oxford, England : Oxford university press, [2020]

Summary:

Public finance is an important branch of economics. Over the years it has become more important, more controversial, and more complex. This text aims to highlight to both economists and policymakers the need for simplicity in policies and to inform students of public finance and public policy about this growing problem.

Contents:

Historical developments and the growing economic role of the state

Government role and public spending: historical background

Hayek, Keynes, and the economic role of the state

From the Keynesian to the supply-side revolution

Why the normative and positive roles of governments differ

The political economy of fiscal deficit reductions

The theory versus the reality of fiscal policy

On the growth of complexity in policy

Systemic failure, complexity, and public policies

The design of social policy and welfare systems

Complexity, corruption, and tax evasion

The elusive harmony between government and market roles

Issues with the current uneven income distributions

Complexity in stabilization policies

Concluding thoughts.

Notes:

Includes bibliographical references and index.

This edition also issued in print: 2020.

Description based on print version record.

ISBN:

0-19-263633-2

0-19-189856-2

0-19-263632-4