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

"Public finance is an important branch of economics. Over the years it has become more important, more controversial, and more complex. Much of the academic writing on it is highly theoretical, and it is often done by economists who have had little real world experience. Vito Tanzi has been con...

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Bibliographic Details
Main Author: Tanzi, Vito (Author)
Format: eBook
Language:English
Published: Oxford, United Kingdom : Oxford University Press, 2020.
Edition:First edition.
Subjects:
Online Access:Click for online access
Table of Contents:
  • I. Historical developments and the growing economic role of the state
  • Introduction
  • 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
  • II. 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.