Advertisement

The Role of the State in the Fiscal Theory

  • Richard A. Musgrave

Abstract

Public finance explores the fiscal tools of the state and how they can best be used to meet the goals of public policy. It is not surprising therefore to find different theories of state to be associated with different approaches to public finance. How fiscal instruments function is a matter of economics, but the purposes to which they are put depend on the image of a ‘good society’ and the state’s role therein. Fiscal theory, therefore, is not a matter of economics only; and that, I will add, is its particular appeal.

Keywords

Public Good Public Finance Public Choice Market Failure Social Welfare Function 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Atkinson, A.B. (1983) Social Justice and Public Policy (Brighton: Wheatsheaf).Google Scholar
  2. Beckerath, Edwin von (1952) ‘Die Neuere Geschichte der Deutschen Finanzwissenschaft’, in W. Gerloff and Neumark, F. (eds), Handbuch der Finanzwissenschaft, 2nd. ed. Vol. 1 (Tübingen: Mohr).Google Scholar
  3. Bentham, Jeremy (1789) The Principles of Morals and Legislation (New York: Haffner, 1948).Google Scholar
  4. Bentham, Jeremy (1802) ‘Principles of the Civil Code’, in J. Bowring (ed.), The Works of Jeremy Bentham, Vol. 1 (New York: Russell and Russell, 1962).Google Scholar
  5. Bergson, Abraham (1938) ‘A Reformulation of Certain Aspects of Welfare Economics’, Quarterly Journal of Economics, Vol. 52, pp. 310–34.CrossRefGoogle Scholar
  6. Bowen, Howard (1948) Toward Social Economy (New York: Rinehart).Google Scholar
  7. Brennan, Geoffrey and James M. Buchanan (1977) ‘Towards a Tax Constitution for Leviathan’, Journal of Public Economics, Vol. 8, pp. 255–74.CrossRefGoogle Scholar
  8. Buchanan, James M. (1960) ‘La Scienza delle Finanze: The Italian Tradition in Fiscal Theory’, in James M. Buchanan, Fiscal Theory and Political Economy (Chapel Hill: University of North Carolina Press).Google Scholar
  9. Buchanan, James M. and Gordon Tullock (1962) The Calculus of Consent (Ann Arbor: University of Michigan Press).Google Scholar
  10. Buchanan, James M. (1968) The Demand and Supply of Public Goods (Chicago: Ranol Mcnally).Google Scholar
  11. Colm, Gerhard (1927) Volkswirtschaftliche Theorie der Staatsausgaben (Tübingen: Mohr).Google Scholar
  12. Diamond, Peter and James A. Mirrlees (1971) ‘Optimal Taxation and Public Production I: Production Efficiency and II Tax Rules’, American Economic Review, Vol. 61, pp. 8–27; 261–72.Google Scholar
  13. Dupuit, J. (1844) ‘On the Measurement of the Utility of Public Works’, reprinted in International Economic Papers, Vol. 2 (1952).Google Scholar
  14. Edgeworth, F.Y. (1897) ‘The Pure Theory of Taxation’, Economic Journal, Vol. VII, pp. 46–70, 226–38, 550–71.CrossRefGoogle Scholar
  15. Haig, A. (1921) The Federal Income Tax (New York: Columbia University Press).Google Scholar
  16. Hansen, Alvin (1941) Fiscal Policy and Business Cycles (New York: Norton).Google Scholar
  17. Harberger, Arnold (1974) Taxation and Welfare (Boston, Mass.: Little, Brown) p. 35.Google Scholar
  18. Harsanyi, John (1955) ‘Cardinal Welfare, Individualistic Ethics and Interpersonal Comparisons of Utility’, Journal of Political Economy, Vol. 73, pp. 309–21.CrossRefGoogle Scholar
  19. Head, John (1965) ‘The Welfare Foundations of Public Finance Theory’, reprinted in Head (1974) Public Goods and Public Welfare (Durham, Dahe University Press).Google Scholar
  20. Hermann, F. (1832) Staatswirtschaftliche Untersuchungen (new edn, Munich: Ackermann, 1874).Google Scholar
  21. Hume, David (1739) A Treatise of Human Nature, Selby-Biggs (ed.) (1888) (London: Oxford University Press).Google Scholar
  22. Jakob, L.H. von (1821) Die Staatsfinanzwissenschaft (Halle: Hemmerde & Schwetschke).Google Scholar
  23. Lerner, Abba (1944) The Economics of Control (New York: Macmillan).Google Scholar
  24. Lindahl, Erik (1919) Die Gerechtigkeit der Besteuerung (Lund: Gleeerupska).Google Scholar
  25. Locke, John (1689) Two Treatises of Government, P. Laslett (ed.) (1960) (London: Mentor).Google Scholar
  26. Marshall, Alfred (1890) Principles of Economics (London: Macmillan).Google Scholar
  27. Meisel, Franz (1926) ‘Geschichte der Deutschen Finanzwissenschaft im 19. Jahrhundert bis zur Gegenwart’, in W. Gerloff and F. Meisel (eds), Handbuch der Finanzwissenschaft I, 1st. ed. (Tübingen: Mohr).Google Scholar
  28. Mill, John Stuart (1848) Principles of Political Economy (London: Penguin Classics, 1985).Google Scholar
  29. Müller, Adam (1809) Die Elemente der Staatskunst (Berlin: Öffentliche Vorlesungen), Jacob Butterfield (ed.) (Vienna: Wiener Literarische Anstalt).Google Scholar
  30. Musgrave, Richard A. (1939) ‘The Voluntary Exchange Theory of the Public Economy’, Quarterly Journal of Economics, Vol. 53, pp. 213–37.CrossRefGoogle Scholar
  31. Musgrave, Richard A. (1959) The Theory of Public Finance (New York: McGraw-Hill).Google Scholar
  32. Musgrave, Richard A. (1981) ‘Leviathan Cometh, or Does He?’, in Helen E. Ladd and Nicholas Tideman (eds), Tax and Expenditure Limitations (Washington, DC: Urban Institute Press);.Google Scholar
  33. also in Richard A. Musgrave (1986) Public Finance in a Democratic Society, Vol. II (New York: New York University Press)Google Scholar
  34. Musgrave, Richard A. (1992) ‘Social Contract, Taxation and the Standing of Deadweight Loss’, Journal of Public Economics, Vol. 49, pp. 369–81.CrossRefGoogle Scholar
  35. Musgrave, Richard A. and Alan Peacock (eds) (1958) Classics in the Theory of Public Finance (London: Macmillan).Google Scholar
  36. Musgrave, Richard A. (1987) ‘Merit Goods’, in J. Eatwell (ed.), The New Palgrave, Vol. 3, pp. 452–3 (New York: Macmillan).Google Scholar
  37. Pareto, Alfredo (1916) The Mind and Society (New York: Harcourt Brace).Google Scholar
  38. Pigou, A.C. (1920) The Economics of Welfare, 4th edn (London: Macmillan).Google Scholar
  39. Pigou, A.C. (1928) A Study in Public Finance (London: Macmillan).Google Scholar
  40. Puviani, Amilcare (1897) Teoria della Illusione nelle Entrate Publiche (Perugia). See also James M. Buchanan (1960).Google Scholar
  41. Rau, Karl-Heinrich (1837) Grundsätze der Volkswirtschaftslehre (Leipzig: Winter).Google Scholar
  42. Rawls, John (1972) A Theory of Justice (Cambridge, Mass.: Harvard University Press).Google Scholar
  43. Ritschl, Hans (1931) Gemeinwirtschaft und Kapitalistische Marktwirtschaft (Tübingen: Mohr).Google Scholar
  44. Samuelson, Paul A. (1954) ‘The Pure Theory of Public Expenditures’, Review of Economics and Statistics (November) pp. 387–9.Google Scholar
  45. Sax, Emil (1887) Grundlegung der Theoretischen Staatswirtschaft (Wien). Also in Richard A. Musgrave and Alan Peacock (1958).Google Scholar
  46. Schäffte, Albert (1861) ‘Mensch und Gut in der Volkswirtschaft’, Deutsche Vierteljahrsschrift, pp. 232–307.Google Scholar
  47. Schäffte, Albert (1873) Das Gesellschaftlische System der Menschlichen Wirtschaft, 3rd edn, Vol. 2 (Tübingen: Laupp).Google Scholar
  48. Schäffte, Albert (1896) Bau und Leben des Sozialen Körpers, 2nd edn, Vol. 2 (Tübingen: Laupp).Google Scholar
  49. Schäffte, Albert (1880) Die Grundsätze der Steuerpolitik (Tübingen: Laupp).Google Scholar
  50. Schanz, Georg (1896) ‘Der Einkommensbegriff und die Einkommenssteuergesetze’, Finanzarchiv, Vol. 13, pp. 1–87.Google Scholar
  51. Schumpeter, Joseph A. (1918) ‘Die Krise des Steuerstaates’, reprinted in Joseph A. Schumpeter (1956) Aufsätze zur Soziologie (Tübingen: Mohr).Google Scholar
  52. Simons, Henry C. (1950) Federal Tax Reform (Chicago, Ill.: University of Chicago Press).Google Scholar
  53. Smith, Adam (1759) The Theory of Moral Sentiments, edited by E. West (1959) (New Rochelle: Arlington House).CrossRefGoogle Scholar
  54. Smith, Adam (1776) The Wealth of Nations, Vol. 2 (London: Everyman’s Library, Dent & Sons, 1910).Google Scholar
  55. Spann, Othmar (1929) Die Haupttheorien der Volkswirtschaftslehre (Leipzig: Quelle).Google Scholar
  56. von Stein, Lorenz (1885) Lehrbuch der Finanzwissenschaft, Parts 1 and 2, 5th edn (Leipzig: Brockhaus).Google Scholar
  57. Wagner, Adolph (1883) Finanzwissenschaft, Erster Theil, 3rd edn (Leipzig: Winter).Google Scholar
  58. Wagner, Adolph (1890) Finanzwissenschaft, Zweiter Theil, 2nd edn (Leipzig: Winter).Google Scholar
  59. Wagner, Adolph (1892) Grundlegung der Politischen Oekonomie, Erster Theil, Erster Halbband, 3rd edn (Leipzig: Winter).Google Scholar
  60. Wicksell, Knut (1896) Finanztheoretische Untersuchungen nebst Darstellung und Kritik des Steuerwesens Schwedens (Jena: Fischer).Google Scholar
  61. Also in Richard A. Musgrave and Alan Peacock (1948) Classics in the Theory of Public Finance (London: MacMillan).Google Scholar

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1998

Authors and Affiliations

  • Richard A. Musgrave

There are no affiliations available

Personalised recommendations