Public Finance in Theory and Practice  (English, Paperback, Musgrave Richard)

Finally, and most important, this text continues to reflect our premise that the public sector has an important and constructive role to perform rather than being, as has increasing come to be the view, an unfortunate interference in the market. though powerful as an instrument of social organization, the market cannot perform all the functions that need to be met to achieve the economic and social goals of a democratic society. To accomplish that task, a partnership with the public sector is needed, and this is precisely why an efficient conduct of the public of the public sector is of such importance. It is our hope that this fifth edition of our text will make some contribution to that goal.