A Study in Public Finance

A Study in Public Finance

A Study in Public Finance

A Study in Public Finance

Excerpt

I have called this volume A Study in Public Finance and not Public Finance, so as to indicate that not all of the ground customarily covered by treatises with the wider title is brought under review. The volume is designed to supplement my two other volumes, The Economics of Welfare and Industrial Fluctuations, the three books together embodying the main part of what I have to say on general economics. In Parts I. and III. I have made considerable use of material taken from my Political Economy of War, now out of print, and from Part IV. of the first edition of The Economics of Welfare, most of which was omitted from the second edition. This material has, of course, been revised and reconsidered. Part II., on Revenue from Taxation, with the exception of Chapters XIV. and XVI., is, in the main, new. My thanks are due to Mr. D. H. Robertson of Trinity College and Mr. F. Ramsey of King's College, who have very kindly read portions of my manuscript and made valuable suggestions.

A. C. P.

September 1927.

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