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Title: Economics of the Public Sector: Third Edition by Joseph E. Stiglitz ISBN: 0-393-96651-8 Publisher: W.W. Norton & Company Pub. Date: February, 2000 Format: Hardcover Volumes: 1 List Price(USD): $127.80 |
Average Customer Rating: 3.25 (4 reviews)
Rating: 3
Summary: Review of Public Sector Economics by J. Stiglitz
Comment: Excessive use of graphs and charts which are very difficult to follow. Some chapters read easily, others very difficult to understand. Would be better if it had a complementary teacher's guide. LRM
Rating: 2
Summary: mixed feelings
Comment: accessible text for beginners, but the text is NO preparation for the end-of-chapter questions. With no available answer key and no help from a teacher, the questions are IMPOSSIBLE to answer leaving the student/reader/taker of test extremely tired and hungry and unsatisfied with econ knowledge at 2 in the morning.
Rating: 3
Summary: A very uneven text
Comment: I found reading this book a very frustrating experience. The good things include:
* Solid undergraduate discussion of the economics of taxation;
* An introductory discussion of a great many of the fascinating policy controversies of our time;
* Often a lively text by one of the most powerful minds in contemporary economics.
Flaws include:
* A failure to update many of the data and references carried over from the preceding (1988) edition;
* Too much focus on American facts and institutions;
* A failure to understand the Public Choice perspective;
* A failure to appreciate the beauty and simplicity of the Flat Tax, and a refusal to cite the work of Hall, Rabushka, and Bradford in the area;
* A failure to describe the work of Ronald Coase properly;
* A sneering denigration of the stock market as a "gambling casino", without mentioning the role of the stock market in disciplining managers, in reallocating risks, and in diffusing ownership of large enterprises;
* A failure to appreciate how problematic the taxation of realized capital gains can be;
* A failure to appreciate the drawbacks of pay-as-you-go public old age pensions;
* A failure to appreciate the merits of vouchers enabling parents to choose among private as well as public schools;
* Finally, an unseemly deference to the Clintonista party line, unseemly in an academic.
The tragedy is that politicians, judges, and the better cut of journalists could use a better text on this subject.
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Title: Public Finance by Harvey S. Rosen ISBN: 0072374055 Publisher: McGraw-Hill/Irwin Pub. Date: 01 June, 2001 List Price(USD): $129.60 |
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Title: Introductory Econometrics: A Modern Approach by Jeffrey M. Wooldridge ISBN: 0324113641 Publisher: South-Western College Pub Pub. Date: 11 July, 2002 List Price(USD): $113.95 |
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Title: Economics of State and Local Government: by Henry J. Raimondo ISBN: 0275939375 Publisher: Praeger Publishers Pub. Date: 30 November, 1991 List Price(USD): $27.95 |
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Title: International Economics: Theory and Policy (6th Edition) by Paul R. Krugman, Maurice Obstfeld ISBN: 0201770377 Publisher: Pearson Addison Wesley Pub. Date: 26 July, 2002 List Price(USD): $119.00 |
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Title: Economics and Contemporary Issues With Economics Applications Card and Infotrac College Edition by Michael R. Edgmand, Ronald L. Moomaw, Kent W. Olson, Southwestern Educational Publishing ISBN: 0324171935 Publisher: International Thomson Publishing Pub. Date: April, 2003 List Price(USD): $87.95 |
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