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The Failure of Public Finance

In: The Ethics of Tax Evasion

Author

Listed:
  • Walter Block

    (Loyola University)

  • William Kordsmeier

    (University of Central Arkansas)

  • Joseph Horton

    (University of Central Arkansas)

Abstract

A number of explanations are commonly presented in public finance texts as reasons why government intervention in the economy will improve performance. This chapter questions the validity of each of them. The chapter examines the merit goods argument, equity considerations, growth and development, and stabilization, and finds the arguments offered in their behalf to be unpersuasive. Public finance as presented in textbooks is seen as relying on rather dubious normative arguments.

Suggested Citation

  • Walter Block & William Kordsmeier & Joseph Horton, 2012. "The Failure of Public Finance," Springer Books, in: Robert W. McGee (ed.), The Ethics of Tax Evasion, chapter 0, pages 229-243, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4614-1287-8_14
    DOI: 10.1007/978-1-4614-1287-8_14
    as

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