Public Finance 10e
ISBN-13: 9780538797696 / ISBN-10: 053879769X
In this upper-level undergraduate text, David Hyman delivers a solid economics-oriented approach to public finance and public policy. The 10th edition of PUBLIC FINANCE, International Edition addresses public issues that will confront the United States and other nations throughout the new millennium. Dr. Hyman first emphasizes the economic theory of public goods and how to best provide them. He then builds in relevant applications to illustrate the main economics points and ensure solid understanding. Packed with timely, real-world examples, this text sparks lively discussion and debate with its convincing coverage of hot topics using the latest government statistics and recent scholarly research.
PART I: THE ECONOMIC BASIS FOR GOVERNMENT ACTIVITY.
1. Government Activity in the Modern Mixed Economy.
2. The Efficiency Criterion.
3. Internalizing Externalities.
4. The Theory of Public Goods.
5. Collective Choice and Politics.
PART II: GOVERNMENT EXPENDITURES AND POLICY IN THE UNITED STATES: SELECTED ISSUES.
6. Government Budgeting and Cost-Benefit Analysis.
7. Government Aid to The Poor.
8. Social Insurance.
9. Health Care Expenditures.
PART III: FINANCING GOVERNMENT EXPENDITURES.
10. Alternative Means of Government Finance.
11. Economic Analysis of Taxation.
12. Fiscal Balance and Public Debt.
PART IV: TAXATION: THEORY AND STRUCTURE.
13. Income Taxes.
14. Personal Income Taxes in the United States.
15. Business Income Taxes.
16. Consumption Taxes.
17. Wealth Taxes.
PART V: STATE AND LOCAL GOVERNMENT FINANCE.
18. Public Finance in a Federal System of Government.
David N. Hyman
David N. Hyman, professor of economics and alumni distinguished undergraduate professor at North Carolina State University, has taught both undergraduate and graduate courses in public finance there since 1969. Professor Hyman received his Ph.D. in Economics from Princeton University. He has held Woodrow Wilson, Earhart, and Ford Foundation fellowships and was a Fullbright senior research scholar in Italy in 1980. In 1997, he was visiting professor of economics at the University of Ferrara in Italy. Professor Hyman is a member of the Academy of Outstanding Teachers at North Carolina State University and received the Alumni Association Outstanding Teacher Award in 1982 and 1996. He is the author of several widely used textbooks in economics and has published scholarly articles in the NATIONAL TAX JOURNAL, PUBLIC CHOICE, the JOURNAL OF ECONOMICS EDUCATION, and other respected academic journals. Professor Hyman served the President's Council of Economic Advisors as a consultant and senior staff economist from 1988 to 1989. He also has been a guest scholar at the Brookings Institution and has worked as a government budget analyst and as an economist for the Board of Governors of the Federal Reserve System and the U.S. Comptroller of the Currency. Professor Hyman also is a photographer whose palladium and platinum prints are in the permanent collection of the Corcoran Gallery of Art in Washington, D.C. His photographs have been exhibited by galleries and museums and have been published in art books and on the covers of several novels.