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 Bad' deal with competition among governments, their suboptimal size, regulation, corruption informal economy, cognitive dissonance, rent seeking, UN, and criminal cycles.
Academics, researchers and students with an in interest in economics - particularly public sector economics and Austrian economics - and public policy will find this Handbook to be an invaluable reference tool.
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 Jesus 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 Francesco Forte and Silvia Fedeli 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 8. Religious Parties Dennis Muller 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 Effects of News Media on Public Choice: 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 and Efficient Rent Seeking. Public Aid to Movies in Italy 1980 - 2011 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
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