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Why Taxes Should be Much, Much Higher
Why Taxes Should be Much, Much Higher

... on his luck. The scene is completely unremarkable in the sense that we have all seen it: variants of it are all too common in the U.S. and many other advanced industrialized nations. Yet, for those of us with egalitarian or socialist leanings, the scene is incredible: How can these four persons on t ...
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Public finance

Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.The purview of public finance is considered to be threefold: governmental effects on (1) efficient allocation of resources, (2) distribution of income, and (3) macroeconomic stabilization.
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