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CESifo Seminar Series Public Finance and Public Policy in the New Century

Image Public Finance and Public Policy in the New Century

Edited by Sijbren Cnossen and Hans-Werner Sinn
MIT Press 2003

The sixteen essays in this book were written to celebrate the ninetieth birthday of Richard Musgrave and to commemorate the tenth anniversary of CES, the Center for Economic Studies at the University of Munich. Musgrave is considered to be a founding father or modern public economics. He belongs to the intellectual tradition that views government as an instrument that can be used to correct market failure and to establish the society that people want. Although his work fits within the individualistic framework of modern economics, he also draws on principles of moral philosophy.

The essays take stock of and extend the theory and practice of public finance and public policy. They address the evolving role of government and the welfare state, the interaction between taxation and markets, the future of pension and health care systems, and international tax issues and fiscal federalism.

This book is part of the CESifo Seminar Series in Economic Policy, which aims at covering topical policy issues in economics from a largely European perspective. The books in this series are the products of the papers presented and discussed at seminars hosted by CESifo, an international research network of renowned economists supported jointly by the Center for Economic Studies at Ludwig Maximilians University, Munich, and the Ifo Institute for Economic Research. All publications in this series have been carefully selected and refereed by members of the CESifo research network.

Sijbren Cnossen is Professor of Economics and Tax Law at Maastricht University and Erasmus University Rotterdam. Hans-Werner Sinn is Professor of Economics and Public Finance and Director of the Center for Economic Studies at the University of Munich. He is President of the Ifo Institute of Economic Research.

July 2003 · 6 x 9, 565 pp., 12 illus. · $42.00/£28.95 (CLOTH)