This is the first collection of readings in the economics of state and local public finance in almost thirty years. The scope of the thirty pieces is broad, including both classic and current articles. The articles fall into three broad categories: public choice and fiscal federalism, revenue sources and the fiscal condition of cities.
The book is an excellent resource for undergraduate economics courses in which state and local public finance comprises a substantial part of the syllabus, and for graduate courses in state and local public finance in public policy programs, planning and public administration. The collection is also valuable to anyone who needs to understand the theory and practice of public finance, including policy analysts, planners, public administrators, and financial market analysts.

About the Author

Dick Netzer has worked in urban public finance and urban economics as a researcher, teacher, public official, and consultant for more than forty years. He is the author of Economics of the Property Tax, Economics and Urban Problems, and The Subsidized Muse plus more than 200 articles and book chapters. Netzer, previously Dean of the School of Public Administration at New York University, is currently Senior Fellow at the Taub Urban Research Center at New York University.

Matthew P. Drennan has published papers on the economics and fiscal condition of New York City, New York State, and other states. He has written about the economics transformation of large cities with the rise of producer services and the decline of manufacturing. He is the author of Modeling Metropolitan Economies for Forecasting and Policy Analysis. Drennan is a Professor in the Department of City and Regional Planning at Cornell University.

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