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Study in Public Finance

Pigou, Arthur C.

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ISBN 10: 0678070091 / ISBN 13: 9780678070093
Published by Augustus M Kelley Publishers
Used Condition: As New Hardcover
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About this Item

1975. Revised. Hardcover. Reprints of Economic Classics published by Augustus M Kelley in New York in 1975.Excellent condition in buckram with gilt title on spine and front board. . . . . Books ship from the US and Ireland. Bookseller Inventory # KEX0251216

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Bibliographic Details

Title: Study in Public Finance

Publisher: Augustus M Kelley Publishers

Binding: Hardcover

Book Condition:As New

About this title


In order to contain the size of the much expanded revision of Wealth and Welfare which re-emerged as The Economics of Welfare, two parts were eliminated and separately published with revisions as Industrial Fluctuations and A Study in Public Finance. Pigou maintained that the maladjustments in a laissez-faire economy resulting from the divergence between private and social costs and benefits warranted interference by the state--by means of policies to control monopoly, by taxes and subsidies, and by support to industries enjoying external economies. "The chain of [Pigou's] argument has been reexamined and found wanting; yet ... we find the chain still there ... still intact." The New Palgrave

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