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public goods

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Journal Article
History of Political Economy (2017) 49 (1): 59–92.
Published: 01 March 2017
...Maxime Desmarais-Tremblay This paper provides a narrative of the emergence of the standard textbook definition of public goods. It focuses on Richard A. Musgrave's contribution in defining public goods as nonrival and nonexcludable—from 1937 to 1973. Although Samuelson's mathematical definition...
Journal Article
History of Political Economy (1988) 20 (1): 15–25.
Published: 01 March 1988
... theory.’ In Fiscal theory and political economy: selected essays (Chapel Hilll, N.C.), 22 -74. Buchanan , James M. 1975 . ‘Public finance and public choice.’ National Tax Journal 28 . 8 : 383 -94. Buchanan , James M. 1968 . The demand and supply of public goods . Chicago...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 147–173.
Published: 01 December 2015
...J. Daniel Hammond This article is an analytical history of Paul Samuelson's writings on the theory of public goods and the role of government. We examine Samuelson's scholarly work from “The Pure Theory of Public Expenditure” (1954) to “Pure Theory of Public Expenditure and Taxation” (1969). We...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 174–198.
Published: 01 December 2015
...Marianne Johnson The core of public economics traditionally addresses two situations of market failure: externalities and public goods. While externalities fit neatly into neoclassical economics, public goods proved substantially more difficult to pin down. An interesting thread in the story...
Journal Article
History of Political Economy (2005) 37 (4): 723–753.
Published: 01 November 2005
..., and Public Goods. Review of Economic Studies 41.1 : 119 -28. Baeck, Louis. 1994 . The Mediterranean Tradition in Economic Thought . New York: Routledge. Ballard, Charles L., and Don Fullerton. 1992 . Distortionary Taxes and the Provision of Public Goods. Journal of Economic Perspectives 6.3...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 199–226.
Published: 01 December 2015
... obscurity during Tiebout's academic career, which was tragically cut short by his passing in 1968. Penned as a qualification to Paul Samuelson's “pure theory,” the article failed to influence the stabilization of postwar public good theory despite Tiebout's engagement with key figures in its construction...
Journal Article
History of Political Economy (2022) 54 (5): 935–950.
Published: 01 October 2022
... of Adam Smith: Jacob Viner's reading of Smith's invisible hand as God and Paul Samuelson's reading of the same three words as an allocative mechanism that translates an individual's “selfish” actions into the public good or “the best good of all” within a state of perfect competition. These distinct...
Journal Article
History of Political Economy (2021) 53 (2): 179–211.
Published: 01 April 2021
... with liberal values associated with the public sphere since the eighteenth century. Musgrave’s conceptualization of public expenditures represents one episode of this continuing tension. His defense of merit goods, in particular, was rejected by many American economists in the 1960s because it was perceived...
Journal Article
History of Political Economy (2018) 50 (3): 511–548.
Published: 01 September 2018
... .” Social Science History 36 ( 4 ): 551 – 81 . Johnson Marianne . 2005 . “ Wicksell’s Unanimity Rule: Buchanan’s Dominance Considered .” American Journal of Economics and Sociology 64 ( 4 ): 1049 – 72 . Johnson Marianne 2015 . “ Public Goods, Market Failure, and Voluntary...
Journal Article
History of Political Economy (2014) 46 (4): 641–675.
Published: 01 November 2014
... inte- gration of the German states through development of the customs union. The concomitant increase in “national consciousness . . . brought all ques- tions of public good to the center of national life and stimulated a desire for economic knowledge” (1–2). At this very moment, though...
Journal Article
History of Political Economy (2022) 54 (2): 329–350.
Published: 01 April 2022
... product or output of goods produced for the market.” Taylor never defined Say's Law as “the impossibility of demand deficiency as a cause of recession.” Like Say, Taylor acknowledged that general demand deficiency could cause economic crises. In such scenarios, public expenditures could have expansionary...
Journal Article
History of Political Economy (2019) 51 (5): 901–934.
Published: 01 October 2019
... partie du carton F, folio 65). economic well-being. However, he did not believe that free trade was an unmitigated good. He mentioned several cases that justified government intervention in the form of restrictions on imports and public subsidies to domestic industries. Going beyond Adam Smith s...
Journal Article
History of Political Economy (2013) 45 (suppl_1): 92–113.
Published: 01 December 2013
... of mixing serious academic works (Treatise on Money, General Theory, Public Opinion, The Good Society) with publi- cations aimed at a larger audience and richer market (The Economic Con­ sequences of the Peace, A Preface to Morals). By middle age both gained celebrity status enjoyed by few...
Journal Article
History of Political Economy (2005) 37 (1): 1–25.
Published: 01 March 2005
... is that it brings the political process into the discussion of public goods provision, to the extent that the Italian tradition has been hailed as a precursor of modern public choice the- ory. But in spite of the efforts made over the past several decades by, for example, James Buchanan and Orhan Kayaalp to bring...
Journal Article
History of Political Economy (2001) 33 (3): 577–608.
Published: 01 September 2001
... Tradition in Public Finance. In Fiscal Theory and Political Economy . Chapel Hill: University of North Carolina Press. ____. 1968 . The Demand and Supply of Public Goods . Chicago: Rand McNally. Buchanan, James M., and M. Z. Kafoglis. 1963 . A Note on Public Goods Supply. American Economic Review...
Journal Article
History of Political Economy (2024) 56 (1): 176–180.
Published: 01 February 2024
... other economists, reduce governments to the rank of supplier of public goods and services, because (or when) they analyze only this function? If yes, does it not then mean that even the economic actions the government performs should not be analyzed by economists, and beyond, that they should escape any...
Journal Article
History of Political Economy (1983) 15 (4): 549–566.
Published: 01 November 1983
.... -JOSIAH TUCKER,1759 I. Introduction It was common in the period 1600-1800 for the state to grant monopoly rights to foreign trading companies. In defense of these grants, a substan- tial body of apologiae emerged which concentrated on the theme that a public-goods...
Journal Article
History of Political Economy (1982) 14 (1): 37–64.
Published: 01 March 1982
... initially attracted much more at- tention than the rest.s Without a doubt it reveals the hand of a master, 3. J. M. Buchanan, The Demand and Supply of Public Goods (Chicago, 1968), p. 192. In the same vein R. A. Musgrave, “Allocation, Distribution and the Theory of Public Finance,” in H...
Journal Article
History of Political Economy (2011) 43 (2): 347–352.
Published: 01 June 2011
... uses some of Craufurd Goodwin’s (2008) research on Aldo Leopold and that of Elinor Ostrom (2010) to ask how the process leading to the discovery of a pricing system might work when the exchanges involve goods with some public attributes. The last considers how John V. Krutilla’s (1967) early...
Journal Article
History of Political Economy (2016) 48 (2): 191–223.
Published: 01 June 2016
... . Cambridge : Cambridge University Press . ———. 2003 . Preface to “Incentives and Public Inputs.” In Chopra . 2003 , 63 – 65 . Groves Theodore Ledyard John . 1974 . “An Incentive Mechanism for Efficient Resource Allocation in General Equilibrium with Public Goods.” CMS-EMS...