Title
Externalities And Public Expenditure Theory (The Collected Works Of James M. Buchanan)
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In His Foreword, Geoffrey Brennan States, The Papers In This Volume Represent A Coherent Set Of Pieces Focused On Aspects Of Publicexpenditure Theory And Constitute All Of Buchanans Papers In This Area.Buchanans Work On The Subject Of What Governments Should Do And His Insistence On Knut Wicksells Ideal That Taxation And Public Expenditure Be Integrated Topics Have Contributed Significantly To The Current Thinking Of Most Economists On The Topic. Geoffrey Brennan Summarizes Buchanans Central Themes In This Way, There Are Two Messages That Emerge From This Work: One Is That A Proper Sense Of The Extent Of Market Failure, Rather Than Its Mere Presence, Is Relevant In All Cases; The Other Is That Correcting For Such Market Failure Is Often A Complex Multidimensional Business Not Captured By Direct Public Provision At Zero Price And Not Necessarily Involving Expansion Of Market Output.The Twentynine Papers Represented In This Volume Are Grouped Into These Major Subject Categories:Public Services And Collective Actionexternalitiesclubs And Joint Supplypublic Goods Theoryapplicationscity, Health, And Social Securitydistributive Norms And Collective Actionthis Volume Also Includes What Are Arguably Buchanans Two Most Famous Articles: Externality, Which He Wrote With William Stubblebine, And Economic Theory Of Clubs.James M. Buchanan (19192013) Was An Eminent Economist Who Won The Alfred Nobel Memorial Prize In Economic Sciences In 1986 And Was Considered One Of The Greatest Scholars Of Liberty In The Twentieth Century.
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We provide a 2-year limited warranty, from the date of purchase for all our products.
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This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main focus of 'Externalities and Public Expenditure Theory'? A: The book explores public-expenditure theory with a coherent set of papers by James M. Buchanan, emphasizing how governments should address market failures and the integration of taxation and public expenditure.
- Q: Who is the author of this book? A: The author is James M. Buchanan, a renowned economist who won the Nobel Prize in Economic Sciences in 1986.
- Q: What kind of topics are covered in this book? A: The book covers topics such as public services, collective action, externalities, clubs and joint supply, public goods theory, and applications related to city, health, and social security.
- Q: How many pages does the book have? A: The book contains 520 pages.
- Q: What edition is this book? A: This is the Volume 15 edition of Buchanan's collected works.
- Q: Is this book suitable for academic study? A: Yes, the book is suitable for academic study as it compiles significant works on public finance and economic theory, making it a valuable resource for students and researchers.
- Q: What condition is the book in? A: The book is listed as a 'Used Book in Good Condition'.
- Q: When was this book published? A: The book was published on April 6, 2001.
- Q: Does the book include famous articles by Buchanan? A: Yes, it includes Buchanan’s well-known articles like 'Externality', co-authored with William Stubblebine, and 'Economic Theory of Clubs'.
- Q: What is the binding type of the book? A: The book is available in paperback binding.