Fiscal Sociology and the Theory of Public Finance

Fiscal Sociology and the Theory of Public Finance

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'This is a highly original and creative argument by a major political economist to rethink how the public economy is studied. Instead of treating the public sector as a corrective agency for problems that may arise in the private economy, Professor Wagner proposes to study the qpublic squareq in the same way that modern economists approach the qprivate squareq. This involves eschewing equilibrium theories and emphasizing evolutionary competitive processes, examining property rights structures, stressing the role of entrepreneurship, and, in short, applying the principles of the New Institutional Economics to government. Wagner gives many convincing examples of how to apply his approach, all to good effect. This is an important book that deserves to be read widely and taken seriously. Learning the lessons that Wagner wants to teach us holds the promise of turning the study of public economics into a proper scientific explanation of government rather than an empty exercise in evaluation and intervention.' - Robert D. Tollison, Clemson University, USa#39;This is a highly original and creative argument by a major political economist to rethink how the public economy is studied.


Title:Fiscal Sociology and the Theory of Public Finance
Author: Richard E. Wagner
Publisher:Edward Elgar Pub - 2009-03-31
ISBN-13:

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