Loose-Leaf for Public Finance

Part I Getting Started

1 Introduction

2 Tools of Positive Analysis

3 Tools of Normative Analysis

Part II Public Expenditure: Public Goods and Externalities

4 Public Goods

5 Externalities

6 Political Economy

7 Education

8 Cost-Benefit Analysis

Part III Public Expenditures: Social Insurance and Income Maintenance

9 The Health Care Market

10 Government and the Market for Health Care

11 Social Security

12 Income Redistribution: Conceptual Issues

13 Expenditure Programs for the Poor

Part IV Framework for Tax Analysis

14 Taxation and Income Distribution

15 Taxation and Efficiency

16 Efficient and Equitable Taxation

Part V The United States Revenue System

17 The Personal Income Tax

18 Personal Taxation and Behavior

19 The Corporation Tax

20 Deficit Finance

21 Fundamental Tax Reform: Taxes on Consumption and Wealth

Part VI Multigovernment Public Finance

22 Public Finance in a Federal System

Appendix

Glossary

References

Author Index

Subject Index

Public Finance benefits from the combined efforts of Harvey Rosen’s market-leading book and co-author Ted Gayer’s research and government agency experience. This combination of experience is able to explain as clearly as possible how the tools of economics can be used to analyze government expenditure and tax policies. This new edition incorporates recent developments and along the way takes students to the frontiers of current research and policy. While the information presented is cutting edge and reflects the work of economists currently active in the field, the approach makes the text accessible to undergraduates whose only prior exposure to economics is at the introductory level.

All of the changes in the Tenth edition were made to further the authors’ goal of providing students with a clear and coherent view of the role of government spending and taxation. The authors’ years of policy experience have convinced themselves that modern public finance provides a practical and invaluable framework for thinking about policy issues. The goal is simple: to emphasize the links between sound economics and the analysis of real-world policy problems.

Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.