Efficiency, equality and public policy : with a case for higher public spending

ByYew-Kwang Ng
Published by Macmillan (2000)

ISBN: 0333671651

Are you a Monash author?

If you are:

a member of the Monash community; and
have published, or are about to publish a book.

Let us know about it by
emailing: authors@monash.edu

Borrow it: Monash University Library members can borrow this book. View the catalogue record for details.

Buy it: This book may be available from the Monash University Bookshop.

Book description
Efficiency, Equality and Public Policy provides compelling arguments for the exclusive concern with efficiency in all specific areas of public economic policy, leaving the objective of equality to be achieved through the general tax/transfer system. Public policies, the author argues, should ultimately maximize the sum of individual welfare that should be individual happiness rather than preferences. The flip side is that relative-income and environmental disruption effects cause a bias in favour of private spending that is no longer conducive to social happiness

About the author
Yew-Kwang Ng is Professor in the Department of Economics at Monash University. His research interests include welfare economics, mesoeconomics, new classical economics, Chinese economic reform and public policy.

Ask a question Phone +61 3 9905 5054 or use our enquiry services ask.monash for Monash students and staff | ask.monash for visitors and alumni.
Your opinion Feedback form for Monash staff and students | Feedback form for visitors and alumni