The Economics of Public Spending [Paperback]

The Economics of Public Spendinginvestigates the extent of government involvement in the economy, its rationale, and traces its historical record. The book unites articles previously published inFiscal Studies. Both the data and the relevant theory are analysed. A new introduction investigates the overall role of the public sector and discusses the general theory of public expenditure.

1. Introduction,David Miles, Gareth Myles, and Ian Preston
2. Public and Private Pension Spending: Principles, Practice and the Need for Reform,James Banks and Carl Emmerson
3. Expenditure on Healthcare in the UK: A Review of the Issues,Carol Propper
4. Education and Public Policy,Jayasri Dutta, James Sefton, and Martin Weale
5. Unemployment and Workers' Compensation Programmes: Rationale, Design, Labour Supply, and Income Support,Bruce D. Meyer
6. What We Spend and What We Get: Public and Private Provision of Crime Prevention and Criminal Justice,Ann Dryden Witte and Robert Witt
7. On Sharing NATO Defence Burdens in the 1990s and Beyond,Todd Sandler and James C. Murdoch
8. Public and Private Spending for Environmental Protection: A Cross-Country Policy Analysis,David Pearce and Charles Palmer
9. Government Failure in Urban Transportation,Clifford Winston
10. Public Financing of the Arts in England,Alan Peacock
11. Government Spending on Research and Development in the UK,Paul Stoneman

David Miles is Professor of Finance at Imperial College, University of London. He is also an economic consultant to Merrill Lynch. He specializes in research on financial markets. Miles worked for the Bank of England for several years after graduating from Oxford. After a spell in the economics department at Birkbeck College, he was Chief UK Economist for Merrill Lynch. He joined Imperial College in 1996. He has published widely on many aspects l£>