Popular author and seasoned economist Dr. David Hyman delivers a solid
economics-oriented approach to public finance and public policy.
The 10th edition of PUBLIC FINANCE, International Edition thoroughly
illustrates the role government plays in the economy and explains how and why the public
sector makes decisions.
Packed with timely, real-world examples, PUBLIC FINANCE, 10th, International
Edition sparks lively discussion and debate with its coverage of such hot topics as
national defense and homeland security, pollution rights, Social Security reform, federal
tax reform, and the Iraq war. In addition, it includes numerous study tools and exercises
to help students sharpen their economic acumen.
Table of Contents
PART I: THE ECONOMIC BASIS FOR GOVERNMENT ACTIVITY.
1. Government Activity in the Modern Mixed Economy.
2. The Efficiency Criterion.
3. Internalizing Externalities.
4. The Theory of Public Goods.
5. Collective Choice and Politics.
PART II: GOVERNMENT EXPENDITURES AND POLICY IN THE UNITED STATES: SELECTED
ISSUES.
6. Government Budgeting and Cost-Benefit Analysis.
7. Government Aid to The Poor.
8. Social Insurance.
9. Health Care Expenditures.
PART III: FINANCING GOVERNMENT EXPENDITURES.
10. Alternative Means of Government Finance.
11. Economic Analysis of Taxation.
12. Fiscal Balance and Public Debt.
PART IV: TAXATION: THEORY AND STRUCTURE.
13. Income Taxes.
14. Personal Income Taxes in the United States.
15. Business Income Taxes.
16. Consumption Taxes.
17. Wealth Taxes.
PART V: STATE AND LOCAL GOVERNMENT FINANCE.
18. Public Finance in a Federal System of Government
800 pages, Paperback