Hacienda Pública

by Harvey S. Rosen

Public Finance benefits from the combined efforts of Harvey Rosen s market-leading book and co-author Ted Gayer s research and government agency experience. This combination of experience is able to explain as clearly as possible how the tools of economics can be used to analyze government expenditure and tax policies. This new edition incorporates recent developments and along the way takes students to the frontiers of current research and policy. While the information presented is cutting edge and reflects the work of economists currently active in the field, the approach makes the text accessible to undergraduates whose only prior exposure to economics is at the introductory level. All of the changes in the Tenth edition were made to further the authors goal of providing students with a clear and coherent view of the role of government spending and taxation. The authors years of policy experience have convinced themselves that modern public finance provides a practical and invaluable framework for thinking about policy issues. The goal is simple: to emphasize the links between sound economics and the analysis of real-world policy problems.

Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective."

Genres: Economics, Textbooks, Nonfiction, Business, Politics, Finance, Academic

648 pages, Paperback

First published January 1, 1985

Reviews

[Amit Mishra · Rating 4 out of 5]

The book does deal with traditional public finance rather takes a modern approach to define the complexities in the easy language of mathematics. The book has used some econometric method as well. The language is easy and details provided is pretty lucrative and easy to understand.

[Anne · Rating 5 out of 5]

Probably the best book that can help anyone understand (or explain to others) government financing. Anyone who is a part of the "Tea Party" or considering it MUST read this and open their eyes; public budgeting isn't as simple as "smaller government, less taxes!" because of numerous intricate and irreducible factors that cannot be simplified down to a misspelled protest sign. Multiplier effects, production possibility frontiers, etcetera.

Rosen does an excellent job explaining many parts of government accounting. This is not a difficult read, but prepare to have some reference material handy if it's been a while since your freshman-level accounting and macroeconomics classes. I continually find myself digging up this book again and again to get a better grasp on our economic situation with every new policy passed.

Probably the most relevant chapters concerning our modern world are the ones explaining Public Goods; you always hear how "inefficient" government is and how everything should be privatized. However, the government steps in because of a market failure. There are many reasons for a market failure, some are due to profiteering businesses (the polluting firm that avoids absorbing negative externalities if they can), and some are simply the nature of the good (how can a private firm collect from the users of their streetlights if it's impossible to prevent streetlight use by non-payers?). Rosen gives empirical reasoning why certain goods may be better off left to private firms over government, and why certain goods or services should not be handled by private firms but rather, given to the government.

[Kohl Gill · Rating 5 out of 5]

I owe the vast majority of my facility with economics to Rosen. This text is an invaluable introduction to economics at the governmental level, with plenty of references to relatively current real-life situations. Even if you don't like economics, but are interested in how government works and how to make it work better, this is a great book for you.

[Aryan Prasad · Rating 5 out of 5]

Written in a somewhat informal style this textbook is perhaps the best introduction to Public finance. The book examines each topic in equal detail.

[Hakija · Rating 5 out of 5]

A must read for every student of economics!

[Denise DeRocher · Rating 4 out of 5]

I hate public finance, but this book allowed me to understand the field - I recommend it for anyone who may enjoy this subject??!!!

[Afzal · Rating 5 out of 5]

Uhhhj

[Matt · Rating 2 out of 5]

Computers are fun to type on.

[Can]

Good book but very basic.