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This book surveys the current state of public economics by taking as a case study the proposal for a basic income financed by a flat income tax. It revises the area in which there has been active research in recent years, including the theory of optimum, the incidence of taxation, public choice theory, and tax benefit models.
Social security reform is a hot topic in many countries - one which leads to much debate (and some widespread agreement) among economists. Diamond, one of America's most respected economists, explores social security policy, social security and the labour market, and social security and the capital market from an economic point of view.
Environmental policy is high on the political agenda in many countries. This book identifies the failures of the market mechanism in the face of environmental problems and shows how economic policy should be designed to overcome them. Special attention is paid to the possible benefits from a green tax reform.
Mainstream policy economics pays more attention to the delivery of policy outcomes and how incentives and institutional change shape the effectiveness of government. But should these issues be studied against a background of purely self-interested public servants? The lectures in this title review how economic thought on these issues has evolved.
Drawing on his successful Lindahl lectures, Edward Glaeser provides a rigorous account of his research and unique thinking on cities. Written for an advanced audience with an interest in urban economics and cities, the book is written to be accessible to theorists and non-theorists alike and should provide a basis for further empirical work.
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