Notes on the Pure Theory of Public Finance

Economica ◽  
1934 ◽  
Vol 1 (4) ◽  
pp. 436 ◽  
Author(s):  
F. C. Benham
Keyword(s):  
Public Finance ◽  
Pure Theory

scholarly journals Journal of the History of Economic Thought Preprints - De Viti De Marco, the "European War", and President Wilson

2017 ◽  
Author(s):  
Manuela Mosca ◽  
Francesco Martelloni
Keyword(s):  
Public Finance ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
Liberal Democracies ◽  
Pure Theory ◽  
The World ◽  
Bitter Disappointment ◽  
The Usa ◽  
History Of ◽  
The Great War

Italy entered the war in May 1915, the USA in April 1917. One hundred years on, this paper examines the viewpoint of Antonio de Viti de Marco, the renowned Italian economist who was one of the founders of the pure theory of Public Finance. It first focuses on De Viti’s interpretation of the economic and political aspects of the Great War, and reconstructs his vision of the world conflict as a struggle between liberal democracies and authoritarian states. Secondly, the paper highlights the convergence of De Viti’s ideals with those of President Wilson, seen as the powerful international leader of the Italian democratic interventionists. It also clarifies that the “Wilsonianism” of this movement originated in the Italian Risorgimento, and suggests that this convergence was not coincidental. Finally, it shows how, after the war, the unconditional admiration De Viti felt for the American positions gave way to bitter disappointment.

Emil Sax and Italy. Three episodes

2011 ◽  
pp. 47-62
Author(s):  
Manuela Mosca
Keyword(s):  
Public Finance ◽  
Historical Reconstruction ◽  
Marginal Analysis ◽  
Pure Theory ◽  
The Third ◽  
Austrian Economist

The paper deals with the historical reconstruction of the relation between the Austrian economist Emil Sax and the Italian economists of his generation. It is focused on three episodes. The first concerns the introduction of marginal analysis in public finance, seeing the works of Maffeo Pantaleoni (1883) and Sax (1887) as of primary significance. The second is about the reception accorded to the 1887 Sax's work in Italy by Giuseppe Ricca-Salerno (1887), and by Augusto Graziani (1887). The third relates to the development of a pure theory of public finance, and concerns the works of Sax (1887) and Antonio De Viti De Marco (1888). This analysis indicates that school rivalries were responsible for the different reactions of Italian economists to Sax's work.

DE VITI DE MARCO, THE “EUROPEAN WAR,” AND PRESIDENT WILSON

2018 ◽  
Vol 40 (2) ◽  
pp. 179-199 ◽  
Author(s):  
Francesco Martelloni ◽  
Manuela Mosca
Keyword(s):  
Public Finance ◽  
Great War ◽  
Liberal Democracies ◽  
Pure Theory ◽  
The World ◽  
Bitter Disappointment ◽  
The Usa ◽  
The Great War

Italy entered the war in May 1915; the USA, in April 1917. One hundred years on, this paper examines the viewpoint of Antonio de Viti de Marco, the renowned Italian economist who was one of the founders of the pure theory of public finance. It first focuses on De Viti’s interpretation of the economic and political aspects of the Great War, and reconstructs his vision of the world conflict as a struggle between liberal democracies and authoritarian states. Second, the paper highlights the convergence of De Viti’s ideals with those of President Wilson, seen as the powerful international leader of the Italian democratic interventionists. It also clarifies that the “Wilsonianism” of this movement originated in the Italian Risorgimento, and suggests that this convergence was not coincidental. Finally, it shows how, after the war, the unconditional admiration De Viti felt for the American positions gave way to bitter disappointment.

Fiscal Decentralization in Transition Economies

2004 ◽  
pp. 126-141
Author(s):  
A. Chernyavsky ◽  
K. Vartapetov
Keyword(s):  
Public Finance ◽  
Transition Economies ◽  
Local Governments ◽  
Fiscal Decentralization ◽  
Government Control ◽  
Finance Reform ◽  
Fiscal Transfers ◽  
Fiscal Autonomy ◽  
Subnational Government ◽  
Tax Autonomy

By employing the methodology developed by the OECD the paper assesses the degree of revenue decentralization in Russia in comparison with other post-communist European countries. The paper provides theoretical arguments underpinning fiscal decentralization, analyzes the composition of subnational government revenues, the level of regional and local tax autonomy and types of intergovernmental fiscal transfers. The analysis presents the composition of revenues depending on the degree of subnational and local government control. In comparison with other transition countries fiscal decentralization in Russia is relatively low. It is concluded that Russia's public finance reform has not progressed towards providing greater fiscal autonomy for regional and local governments.

On the formation of a New Paradigm of fiscal Policy

2013 ◽  
pp. 152-158 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Public Finance ◽  
Fiscal Policy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Domestic Demand ◽  
Real Economy ◽  
New Paradigm ◽  
Monetary Aggregate ◽  
The Past ◽  
The Global Financial Crisis

Due to Russia’s exit from the global financial crisis, the fiscal policy of withdrawing windfall spending has exhausted its potential. It is important to refocus public finance to the real economy and the expansion of domestic demand. For this goal there is sufficient, but not realized financial potential. The increase in fiscal spending in these areas is unlikely to lead to higher inflation, given its actual trend in the past decade relative to M2 monetary aggregate, but will directly affect the investment component of many underdeveloped sectors, as well as the volume of domestic production and consumer demand.

Novations in Budgetary Process: Budgeting Focused on Result

2005 ◽  
pp. 4-22
Author(s):  
V. Gamukin
Keyword(s):  
Public Finance ◽  
New Method ◽  
Budgetary Process ◽  
Commercial Sector ◽  
The Public ◽  
Starting Condition ◽  
Domestic Practice

In the article the starting condition of applicating the new method of organization of the budgetary process - the budgeting focused on result is estimated. The importance of specification of the conceptual and methodical device of budgeting with reference to the public finance is underlined. It is conditioned by the fact that rich foreign and domestic practice of budgeting in commercial sector cannot be directly used for optimization of a trajectory of movement of state and municipal finances.

Modernization of the Public Finance in Russia

2006 ◽  
pp. 103-111 ◽  
Author(s):  
Mst. Afanasiev ◽  
I. Krivogov
Keyword(s):  
Public Finance ◽  
The Public ◽  
Budget Reform

Russian public finance reforming under conditions of substantial increase of budget expenditures is analyzed in the article. Basic directions of the budget reform are considered that are formulated in the variant of the Budget Code, which is currently still under discussion. The focus is made on results-based budgeting and federal investment programs management.

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