A Handbook of Alternative Theories of Public Economics

A Handbook of Alternative Theories of Public Economics

Paperback

$69.00

Overview

This comprehensive and thought-provoking Handbook reviews public sector economics from pluralist perspectives that either complement or reach beyond mainstream views.


The book takes a comprehensive interdisciplinary approach, drawing on economic elements in the fields of philosophy, sociology, psychology, history and law. The expert contributors present new methodological approaches across these disciplines in five distinct sections:


• ‘Revisiting the Theoretical Foundations’ compares and contrasts Austrians, Marxists, public choice theorists and Keynesians

• ‘Revisiting the Values’ is concerned with justice, welfare, religions and civil rights

• ‘Beyond Rationalistic Rational Choice’ includes chapters devoted to memory, information and group motivation

• The final sections on ‘Optimal Government and Government Failure’ and ‘Public Economics of Public Bads’ deal with competition among governments, their suboptimal size, regulation, corruption, the informal economy, cognitive dissonance, rent seeking, the UN and criminal cycles.


Academics, researchers and students with an interest in economics – particularly public sector economics and Austrian economics – and public policy will find this Handbook to be an invaluable reference tool.

Product Details

ISBN-13: 9781783472826
Publisher: Edward Elgar Publishing
Publication date: 09/25/2015
Pages: 576
Product dimensions: 6.12(w) x 9.25(h) x (d)

About the Author

Edited by Francesco Forte, Emeritus Professor of Public Economics, Department of Economics and Law, Sapienza – University of Rome, Italy, Ram Mudambi, Professor and Perelman Senior Research Fellow of Strategic Management, Department of Strategic Management, Fox School of Business, Temple University, US and Pietro Maria Navarra, Professor of Economics of the Public Sector and Chancellor, University of Messina, Italy and Visiting Professor of Economics and Philosophy at the University of Pennsylvania, US

Table of Contents

Contents:


PART I: REVISITING THE THEORETICAL FOUNDATIONS

1. The Neglected Importance of the Austrian Thought in Public Economics

Pascal Salin


2. In Defense of the Euro: An Austrian Perspective

Jesús Huerta de Soto


3. Marxian Public Economics. With a Comment by Massimo Florio

Giuseppe Coco and Silvia Fedeli


4. The Laffer Curve Muddle

Vito Tanzi


5. Deficits, Tax Burden and Unemployment

Silvia Fedeli and Francesco Forte


PART II: REVISITING THE VALUES

6. Theories of Justice and Empirical Results

Manfred Holler and Martin Leroch


7. Strategic Voting and Happiness

Francesca Acacia and Maria Cubel Sanchez


8. Religious Parties

Dennis C. Müller


9. Western Religion, Social Ethics and Public Economics

Nils Goldschmit and Andre Habisch


10. Indigenes, Immigration, and Integration: A Welfare-Economics Approach to Minority Rights

Bengt Arne Wickstrom


PART III: BEYOND RATIONALISTIC RATIONAL CHOICE

11. The Role of Memory in Modeling Social and Economic Cycles of Extreme Events

Michele Caputo


12. Expanding the Theory of Tax Compliance from Individual to Group Motivations

James Alm


13. The Political Economy of News Media: Theory, Evidence and Open Issues

Francesco Sobbrio


PART IV: OPTIMAL GOVERNMENT AND GOVERNMENT FAILURE

14. How Significant is Yardstick Competition among Governments? Three Reasons to Dig Deeper

Pierre Salmon


15. Optimal Size of Government and Optimal Ratio between Current and Capital Expenditure

Francesco Forte and Cosimo Magazzino


16. Government Failures in Railway Public Policy. The British Case

Mark Casson


17. Cognitive Dissonance, Iron Triangle and Rent seeking. Sequester and the Fiscal Cliff

Gordon Brady


18. Cognitive Dissonance, Efficient and Inefficient Rent Seeking. Public Aid to the Movies

Francesco Forte and Michela Mantovani


PART V: PUBLIC ECONOMICS OF PUBLIC BADS

19. Bargaining in International Conflicts Resolution: UN Involvement and Conflict Settlement

Dario Maimone Ansaldo Patti and Daniel Montolio


20. The Norm of Profits Extraction from Corruption by Bureaucracy and Market Size

Arkadi Koziashvili, Shmuel Nitzan and Jossef Tobol


21. Alternative Views on the Origins and Impact of the Informal Economy

Giorgio Brosio, Juan Pablo Jimenez and Roberto Zanola


22. Long-run and Shorter-run Criminal Cycles in the Economics of Public Bads

Michele Caputo, Francesco Forte and Michela Mantovani

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