Public Finance and Public Policy in the New Century

Journal of Risk and InsuranceVol. 72 Nbr. 4, December 2005

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Summary


The book Public Finance and Public Policy in the New Century, edited by Sijbren Cnossen and Hans-Werner Sinn, is reviewed.

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Extract


Public Finance and Public Policy in the New Century

Public Finance and Public Policy in the New Century, edited by Sijbren Cnossen and Hans-Werner Sinn.

Public Finance and Public Policy in the New Century is a tribute to honor the 90th birthday of Richard Musgrave. The book evolved from a series of presentations at a 2001 conference of the Center for Economic Studies of the Ludwig-Maximilians-Universitat in Munich.

Until the 1980s, every student of public finance studied from Musgrave's Theory of Public Finance and the collection of public fi...

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