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Full Description
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.
Contributors: F. Acacia, J. Alm, G. Brady, G. Brosio, M. Caputo, M. Casson, G. Coco, M. Cubel Sanchez, S. Fedeli, M. Florio, F. Forte, N. Goldschmit, A. Habisch, M. Holler, J. Huerta de Soto, J.P. Jimenez, A. Koziashvili, M.A. Leroch, C. Magazzino, M. Mantovani, D. Montolio, R. Mudami, D.C. Mueller, S. Nitzan, D.M.A. Patti, P. Salin, P. Salmon, F. Sobbrio, V. Tanzi, Y. Tobol, B.A. Wickström, R. Zanola
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
