The Economics of Government

By Kenneth R. Szulczyk

The inspiration for this textbook came from a famous quote by Thomas Jefferson, one of the founding fathers of the United States. He stated, "Whenever the people are well-informed, they can be trusted with their government." For example, communism failed economically in Russia because the Soviet government controlled every aspect of its markets and economy. On the other hand, the communists control a flourishing China because the Chinese government embraced the ideas of free markets and unleashed the entrepreneurial spirit and drive of the Chinese people. Thus, the Soviet economy stagnated, while China continues to thrive and prosper. The political system itself is not important, but rather the relationship between the government and its society. We study this relationship comprehensively in this textbook.

We dedicate each chapter to a specific aspect of government and its impact on the economy. Students can use this textbook as a first course in public economics or as a supplement to an introductory course in microeconomics or macroeconomics. Furthermore, readers can use this textbook as a reference guide for individuals seeking a comprehensive book on the economics of government without majoring in economics.

• Format: Paperback
• Language: English
• ISBN: 1450532837
• ISBN13: 9781450532839
• Release Date: June 2012
• Publisher: Createspace Independent Publishing Platform
• Length: 302 Pages
• Weight: 1.33 lbs.
• Dimensions: 0.6" x 8.0" x 10.0"