The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Lindahl on Public Finance

  • Peter Böhm
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_1046

Abstract

Erik Lindahl (1891–1960) was one of the pioneers of modern theory of public finance. His single most important contribution is, perhaps, his treatment of the problem of ‘just’ taxation. He showed that, by systematic application of the so-called benefit principle, a significant part of this problem can be subjected to scientific analysis. Furthermore, his work in public finance paved the way for integrating public goods into general equilibrium models of the market economy.

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Bibliography

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Peter Böhm
    • 1
  1. 1.