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Political Economy And Public Finance
The Role of Political Economy in the Theory and Practice of Public Economics

Edited by Stanley L. Winer, Canada Research Chair Professor in Public Policy, School of Public Policy and Administration and Department of Economics, Carleton University, Ottawa, Canada and Hirofumi Shibata, former President, Kanto Gakuen University, Japan
2003 256 pp Hardback 978 1 84376 073 3 $115.00 on-line discount $103.50
2003 256 pp Paperback 978 1 84376 118 1 $40.00 on-line discount $32.00
    This book is also available as an ebook 978 1 84376 752 7

‘The overall quality of the volume is excellent, so reading the entire volume would be worthwhile, and readers interested in the specific topics covered by any of the chapters would find those chapters helpful. The individual chapters can stand alone, but taken together the volume illustrates how public choice analysis can influence the subject matter of traditional public finance.’
– Randall G. Holcombe, Public Choice

There is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to contribute to a meaningful dialogue between these two groups, in the belief that the future of both political economy and of normative public finance lies somewhere between the two approaches.

Contents: Preface Part I: Does Public Finance Need Political Economy? Part II: Should Collective Choice Play a Role in the Standard of Reference Used in Normative Public Finance? Part III: What is a ‘Failure’ in a Non-market or Policy Process? Part IV: What Have We Learned About the Theory and Practice of Public Finance from Three Decades of Empirical Research on Public Choice? Part V: A Practitioner’s View of the Political Economy of Redistribution Part VI: Where Do We Go From Here? Comments Index Contributors: R. Boadway, G. Brennan, A. Breton, A. Cavaco Silva, W. Hettich, G. Kirchgässner, D.C. Mueller, W.A. Niskanen, H. Shibata, E. Smolensky, H.W. Ursprung, F. van Winden, S.L. Winer, D. Wittman
View the author's website at
http://www.carleton.ca/~winers/


In Association with the International Institute of Public Finance


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