Public Finance and Public Policy (2nd ed.)
Somewhat surprisingly, however, modern public choice and public finance research programs were never fully integrated. This book admirably meets this objective. It offers a sophisticated and comprehensive treatment of questions involving when and why politics arises, how politics can be predicted to work in practice, and how limits can be placed on political excesses. A well-informed, well-written treatise useful for several levels of readership. Toggle navigation.
By drawing on insights from normative public finance, public choice, and new political economy, Arye L. Hillman's textbook on public finance.
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He pioneered the political-economy approach to international trade policy, which became the standard view for explaining the conduct of trade policy. He has proposed models to predict the magnitude of social loss when politically assigned rents are contested and has studied rent seeking as a source of inefficiency in different public-policy contexts. His professional career has been at Bar-Ilan University in Israel. He has an honorary doctorate from the University of Genoa. Editions of the book have been published in various languages. He has published some research papers in professional journals and volumes.