Table of Contents

PART I: BACKGROUND Why Study Public Finance? Theoretical Tools of Public Finance Empirical Tools of Public Finance Budget Analysis and Deficit Financing PART II: EXTERNALITIES AND PUBLIC GOODS Externalities: Problems and Solutions Externalities in Action: Environmental and Health Externalities Public Goods: Problems and Solutions Cost/Benefit Analysis Implementing Public Goods: Political Economy and Public Choice State and Local Government Expenditures Public Goods in Action: Education PART III: SOCIAL INSURANCE AND REDISTRIBUTION Social Insurance Social Security Unemployment Insurance, Workers' Compensation and Disability Insurance Health Insurance I: Health Economics and Private Health Insurance Health Insurance II: Medicare and Medicaid Income Distribution and Welfare PART IV: TAXATION IN THEORY AND PRACTICE Taxation in the U.S. and Around the World The Equity Implications of Taxation - Tax Incidence Tax Inefficiencies and Their Implications for Optimal Taxation Taxes on Labour Supply Taxation of Savings Taxes on Risk Taking and Wealth Issues of Corporate Taxation Issues of Corporate Taxation

About the Author

DR. JONATHAN GRUBER - deemed by the Washington Post to be one of the 'most influential' health care experts in America. Dr. Gruber's research focuses on the areas of health economics and public finance and he has published more than 125 research articles. He is a Professor of Economics at the Massachusetts Institute of Technology, USA and is a co-editor of both the Journal of Public Economics and an Associate Editor of the Journal of Health Economics. He received his B.S. in Economics from MIT and his PHD. in Economics from Harvard. He has many prestigious awards including the Kenneth Arrow Award for the Best Paper in Health Economics.