IDEAS home Printed from https://ideas.repec.org/h/spr/spbchp/978-3-319-40487-5_5.html
   My bibliography  Save this book chapter

The Public Economy: Elements of a New Theory

In: The Public Economy in Crisis

Author

Listed:
  • June A. Sekera

    (Tufts University)

Abstract

Crucially absent from current economic thinking and from current principles of public management is an understanding of the forces and dynamics of nonmarket production in the public economy. Imposing market axioms and precepts on the public non-market is not merely ineffective; it is too often disastrous, as I detailed in previous chapters. In order to revitalize the practice of public administration, we need a new conceptual framework: a model of the public nonmarket economy. In this chapter I outline basic elements of the public nonmarket economy. I present a conceptual model of the forces and dynamics of production within its distinctive environment. I explain how these characteristics differ from the market model and why those differences matter.

Suggested Citation

  • June A. Sekera, 2016. "The Public Economy: Elements of a New Theory," SpringerBriefs in Economics, in: The Public Economy in Crisis, chapter 0, pages 49-80, Springer.
    • Handle: RePEc:spr:spbchp:978-3-319-40487-5_5
    DOI: 10.1007/978-3-319-40487-5_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:spbchp:978-3-319-40487-5_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.